Total amount raised
$813.8 Millions
Latest funding date
4/1/2022
Location
Ampere Computing has successfully raised significant funding over multiple rounds, culminating in its acquisition by SoftBank for $6.5 billion. The company specializes in designing energy-efficient ARM-based processors tailored for cloud computing, AI, and data center workloads.
Keep reading to explore the intricacies of Ampere Computing's fundraising journey and the investors backing this innovative platform.
What Is Ampere Computing?
Ampere Computing, founded in 2017 by Renee James, is headquartered in Santa Clara, California. The company focuses on designing energy-efficient ARM-based processors tailored for cloud computing, AI, and data center workloads.
With a workforce ranging between 1001 and 5000 employees, Ampere Computing has made significant strides in the semiconductor industry. Their product lineup includes the Ampere Altra family, which offers processors optimized for cloud-native and AI workloads.
Acquired by SoftBank, Ampere Computing continues to innovate in the field of high-performance, scalable, and sustainable processors, catering to various applications such as web services, video infrastructure, and AI inference.
How Much Funding Has Ampere Computing Raised?
- Convertible Note
- Amount Raised: $300M
- Date: April 2022
- Lead Investors: Oracle
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing product development and market expansion.
- Secondary Market
- Amount Raised: $127.8M
- Date: April 2022
- Lead Investors: Oracle
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity for early investors and employees.
- Corporate Round
- Amount Raised: $300M
- Date: March 2021
- Lead Investors: Oracle
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate the development of new processor technologies.
- Corporate Round
- Amount Raised: $40M
- Date: September 2019
- Lead Investors: Oracle
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance production capabilities and expand market reach.
- Venture Round
- Amount Raised: Not disclosed
- Date: April 2019
- Lead Investors: The Carlyle Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the launch of new products and technologies.
- Venture Round
- Amount Raised: Not disclosed
- Date: February 2018
- Lead Investors: The Carlyle Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund initial product development and market entry.
- Corporate Round
- Amount Raised: $46M
- Date: December 2017
- Lead Investors: Oracle
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish the company and begin initial operations.
Total Amount Raised: $813.8M. Current Valuation: Not publicly disclosed.
Key Investors
- Oracle
- Details: Oracle is a multinational computer technology corporation headquartered in Austin, Texas. It is known for its comprehensive and fully integrated stack of cloud applications and platform services.
- Investment Focus Areas: Cloud computing, enterprise software, database management.
- Notable Investments: NetSuite, TikTok (U.S. operations), Zoom Video Communications.
- The Carlyle Group
- Details: The Carlyle Group is a global investment firm based in Washington, D.C. It manages assets across various sectors, including private equity, real assets, and global credit.
- Investment Focus Areas: Aerospace and defense, healthcare, technology.
- Notable Investments: Booz Allen Hamilton, Supreme, McDonald's China.
- Arm
- Details: Arm is a semiconductor and software design company headquartered in Cambridge, United Kingdom. It is a subsidiary of SoftBank Group and is known for its ARM architecture, widely used in mobile devices.
- Investment Focus Areas: Semiconductors, IoT, automotive.
- Notable Investments: Graphcore, Blu Wireless, Apical.
What's Next for Ampere Computing?
With the backing of major investors like Arm and The Carlyle Group, Ampere Computing is poised to capitalize on the growing demand for high-performance, energy-efficient processors. The company's focus on hyperscale cloud and edge computing positions it well to meet the needs of next-generation data centers and memory-intensive applications such as AI and big data.
Future fundraising opportunities seem promising, given the significant financial support from its current investors. This could further accelerate Ampere's product development and market penetration. However, the company will need to navigate challenges such as competing with established players and ensuring the successful delivery of its ambitious roadmap.
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