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RapidStream

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Networking services and solutions

San Jose, United StatesFounded 1998Cybersecurity
Valuation $25–50M Last recorded · 2002
Total funding $10–50M Disclosed equity funding
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About RapidStream

RapidStream Design Automation, Inc. is a company operating in the electronic design automation (EDA) market, specifically targeting the complexities of Field-Programmable Gate Array (FPGA) design.

The company's foundation is built upon award-winning academic research conducted at the University of California, Los Angeles (UCLA). Licheng Guo, who earned his Ph.D. from UCLA in 2022, is a founder of RapidStream. His doctoral research, supervised by Professor Jason Cong, a notable academic and serial entrepreneur in the EDA field, led to the creation of the core technology. This research, which resulted in best paper awards at the prestigious FPGA conferences in 2021 and 2022, focused on co-optimizing high-level synthesis (HLS) and the physical design stages of FPGA development.

RapidStream's business is centered around a software framework designed to drastically reduce the long compilation times associated with FPGA programming. The technology employs a split compilation approach, which partitions the design to enable parallel placement and routing, a departure from the conventional sequential tool flows. This methodology has been shown to decrease compilation times by a factor of 5 to 7 and increase the operating frequency of the resulting hardware by up to 1.3 times compared to standard commercial toolchains. The company provides tools that take a high-level C/C++ description of a dataflow program and generate a fully placed and routed implementation for the FPGA.

The company's offerings include open-source tools such as RapidStream TAPA, a C++ framework for designing high-frequency FPGA dataflow accelerators. This suggests a business model that may involve providing enterprise-grade versions of their software, offering dedicated support, or providing consulting services to companies that utilize FPGAs for applications like large language model and genomics acceleration. Potential clients are businesses that rely on high-performance FPGA accelerators and are looking to shorten their development cycles and improve hardware performance.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1998
Headquarters
San Jose, United States
Open positions
None listed
Dealroom signal
20.0/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Cybersecurity, Social
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2002 $48M $48M WatchGuard —
SERIES C✓Equity / VC Jan 2001 $25M $100M Acorn Ventures · Cabletron Systems · Star Capital · InveStar Capital —
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Growth signals

RapidStream website traffic

Latest recorded traffic for RapidStream is 220 monthly website visits.

Latest monthly visits220
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • InveStar Capital
  • Acorn Ventures

Series B and later2 investors entered at this stage

  • Cabletron Systems
  • Star Capital

Other known investors1 additional known investor

  • WatchGuard
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Jose HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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