Rtym, a US chipmaker with israeli roots, have raised a fresh $ 75 million series d Led by james kuklinski of spark capital. Existing Investors – Mayfield’s Navin Chaddha and Kleiner Perkins’ Mamoon Hamid – Also Participated, Bringing Its Total Raised to $ 180 Million, It Says.
Retym is another Startup Benefiting from AI’s Glow-up. It’s chips do’t process ai workloads directly – it’s not a nvidia gpu competitor. It’s working on a new “Programmable coherent digital signal processing DSP” Chip that Allows The Innards of Data Centers to Communicate Faster Faster BOTH INTERNALY and with External Sources.
Data Centers Needed This Kind of Tech Anyway, but the Sudden Rise of Ai Put Overwhelming Pressure on Them to Be Faster, More Efficient, and Handle Bigger Workloads.
The company was founded in 2021 but has been worth about it is until monday when it announced this series d round. Its cto co-founder Roni El-Bahar Published His First Blog Post on Monday, Saying He Founded The Startup to Bringing Competition to the DSP Market that Has Historically Been “Controulled by a Haandful of Large semiconductor companies. “
He was largerly referring to marvell technology, which currently dominates the dSP industry and has partnerships with nvidia, junipar networks, and many other.
Rtym-Pronounted “Re-Time”-is using TSMC’s State-of-the-15 Nanometer Fab for its first chipWho is being tested now, the company told reates.
Rtym did not immediatively respond to a request for comment.