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d-Matrix

5201 Great America Pkwy, Ste 300, Santa Clara, California, 95054, United States

Overview

Founded in 2019, Santa Clara-based d-Matrix develops a full-stack inference platform that integrates Corsair™ in-memory inference accelerators, JetStream™ networking NICs, and the Aviator™ software stack. The architecture delivers up to 10× faster performance, 3× lower cost, and 3–5× better energy efficiency than contemporary GPU systems, enabling customers to serve models as large as 100 B parameters in a single rack and to generate roughly 30 K tokens per second on Llama-70B at 2 ms latency per token. By allowing one data center to handle the workload of ten, the platform directly tackles the rising energy and TCO challenges of AI deployment. d-Matrix is currently scaling global deployments for hyperscale, enterprise, and sovereign customers and has announced an open standards reference architecture, SquadRack™, with partners Arista, Broadcom, and Supermicro. A forthcoming roadmap includes 3-D memory stacking innovations aimed at further boosting throughput and energy efficiency. The company employs more than 250 people across offices in the U.S., Canada, Australia, India, and Serbia and has raised a cumulative $450 million in venture funding to date.

Total raised
$429M
Funding rounds
3
Latest round
Series C
Latest activity
Nov 2025

Industries

  • Artificial Intelligence (AI)
  • Cloud Infrastructure
  • Data Center
  • Semiconductor
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Recent funding

  1. Series C

    Nov 2025

    $275M

  2. Series B

    Sep 2023

    $110M

  3. Series A

    Apr 2022

    $44M

Team

  • Sid Sheth

    Founder & CEO

    LinkedIn
  • Sudeep Bhoja

    Founder & CTO

    LinkedIn
  • Leon Bezdikian

    Vice President of Human Resources

    LinkedIn
  • Peter Buckingham

    Senior Vice President, Software Engineering

    LinkedIn