Sutter Hill Ventures

Sutter Hill Ventures is a venture capital firm established in 1964 that specializes in financing early-stage, technology-based startups across various sectors, including internet software, network equipment, semiconductors, biomedicine, and supply chain management. With decades of experience, the firm leverages its extensive industry networks and operational expertise to assist entrepreneurs in navigating the complexities of building successful companies. Sutter Hill is committed to developing business strategies, forming partnerships, and providing the necessary financing for both public and private ventures. The firm adopts a straightforward and collegial approach, emphasizing direct communication and collaboration with portfolio companies. Sutter Hill's partners actively invest their own capital alongside their limited partners, reinforcing their commitment to the success of each company they support. This hands-on involvement ensures access to a wealth of resources, mentorship, and strategic advice, allowing entrepreneurs to focus on executing their vision and achieving growth.

Dave Anderson

Partner

Len Baker

Managing Director

Jeffrey Bird

Managing Director

Tench Coxe

Managing Director

Stefan Dyckerhoff

Managing Director

James Gaither

Partner

Doug Mohr

Managing Director

Sam Pullara

Managing Director

Andy Sheehan

Managing Director

Past deals in Semiconductor

Enfabrica

Series B in 2023
Enfabrica is a technology company focused on developing innovative hardware and software solutions aimed at addressing the performance and scalability challenges of artificial intelligence (AI) and accelerated computing workloads. The company specializes in converged networking and memory fabric silicon, which are designed to enhance system efficiencies and performance across various infrastructures, including hyper-scale cloud, edge computing, enterprise systems, and automotive applications. By incorporating advanced technologies such as compute express link, Enfabrica enables businesses to optimize resources and manage multiple graphics processing units effectively. Its products and foundational fabric technologies are geared towards meeting the increasing demands of modern computing environments, particularly in the realm of AI and machine learning.

Astera Labs

Series D in 2022
Astera Labs is a fabless semiconductor company based in Santa Clara, California, established in 2017. The company specializes in designing and supplying semiconductors and connectivity solutions tailored for data-centric systems. Its product range includes system-aware semiconductor integrated circuits, high-speed mixed-signal connectivity products, and various system components like PCIe smart retimers, riser cards, and GPU booster cards. Astera Labs focuses on enhancing PCIe connectivity to address performance bottlenecks in compute-intensive environments, such as server connectivity, distributed machine learning, and high-end gaming graphics. The company collaborates with processor vendors, cloud service providers, and manufacturing partners to deliver critical connectivity performance and facilitate flexibility and customization in their clients' systems. Astera Labs also offers design and testing services, alongside its COSMOS software suite, which enhances observability and predictive analytics in connectivity solutions.

Atmosic

Series C in 2022
Atmosic Technologies is a fabless semiconductor company specializing in ultra-low power wireless technologies aimed at reducing the reliance of Internet of Things (IoT) devices on batteries. The company's innovative solutions enable devices to harness energy from ambient sources, including light, radio frequency, thermal, and kinetic energy, allowing for perpetual battery life or the possibility of being entirely battery-free. Atmosic's product offerings, which include the ATM2, ATM3, ATM33, and ATM34 series, cater to a variety of IoT applications, such as wearables, remotes, beacons, sensors, and asset tracking. By providing these technologies, Atmosic helps industrial users lower the costs associated with IoT deployment and maintenance, enhancing the sustainability and efficiency of connected devices.

Astera Labs

Series C in 2021
Astera Labs is a fabless semiconductor company based in Santa Clara, California, established in 2017. The company specializes in designing and supplying semiconductors and connectivity solutions tailored for data-centric systems. Its product range includes system-aware semiconductor integrated circuits, high-speed mixed-signal connectivity products, and various system components like PCIe smart retimers, riser cards, and GPU booster cards. Astera Labs focuses on enhancing PCIe connectivity to address performance bottlenecks in compute-intensive environments, such as server connectivity, distributed machine learning, and high-end gaming graphics. The company collaborates with processor vendors, cloud service providers, and manufacturing partners to deliver critical connectivity performance and facilitate flexibility and customization in their clients' systems. Astera Labs also offers design and testing services, alongside its COSMOS software suite, which enhances observability and predictive analytics in connectivity solutions.

SiFive

Series E in 2020
SiFive, Inc. specializes in designing and manufacturing semiconductors, focusing on RISC-V architecture. The company offers a range of products including multi-core application processors, embedded microcontrollers, and customized silicon solutions. Its platform enables the development of chips for various applications, such as microcontrollers, the Internet of Things (IoT), and wearables, emphasizing the integration of open-source principles and software automation to streamline hardware development. SiFive aims to democratize access to custom silicon, allowing system designers to innovate more rapidly and cost-effectively. Founded in 2015 and headquartered in San Mateo, California, SiFive also has development offices and locations in several regions including Oregon, Texas, India, Taiwan, and France. The company has established a strategic partnership with QuickLogic Corporation to further enhance its offerings in the semiconductor industry.

Astera Labs

Series B in 2020
Astera Labs is a fabless semiconductor company based in Santa Clara, California, established in 2017. The company specializes in designing and supplying semiconductors and connectivity solutions tailored for data-centric systems. Its product range includes system-aware semiconductor integrated circuits, high-speed mixed-signal connectivity products, and various system components like PCIe smart retimers, riser cards, and GPU booster cards. Astera Labs focuses on enhancing PCIe connectivity to address performance bottlenecks in compute-intensive environments, such as server connectivity, distributed machine learning, and high-end gaming graphics. The company collaborates with processor vendors, cloud service providers, and manufacturing partners to deliver critical connectivity performance and facilitate flexibility and customization in their clients' systems. Astera Labs also offers design and testing services, alongside its COSMOS software suite, which enhances observability and predictive analytics in connectivity solutions.

Atmosic

Series B in 2019
Atmosic Technologies is a fabless semiconductor company specializing in ultra-low power wireless technologies aimed at reducing the reliance of Internet of Things (IoT) devices on batteries. The company's innovative solutions enable devices to harness energy from ambient sources, including light, radio frequency, thermal, and kinetic energy, allowing for perpetual battery life or the possibility of being entirely battery-free. Atmosic's product offerings, which include the ATM2, ATM3, ATM33, and ATM34 series, cater to a variety of IoT applications, such as wearables, remotes, beacons, sensors, and asset tracking. By providing these technologies, Atmosic helps industrial users lower the costs associated with IoT deployment and maintenance, enhancing the sustainability and efficiency of connected devices.

SiFive

Series D in 2019
SiFive, Inc. specializes in designing and manufacturing semiconductors, focusing on RISC-V architecture. The company offers a range of products including multi-core application processors, embedded microcontrollers, and customized silicon solutions. Its platform enables the development of chips for various applications, such as microcontrollers, the Internet of Things (IoT), and wearables, emphasizing the integration of open-source principles and software automation to streamline hardware development. SiFive aims to democratize access to custom silicon, allowing system designers to innovate more rapidly and cost-effectively. Founded in 2015 and headquartered in San Mateo, California, SiFive also has development offices and locations in several regions including Oregon, Texas, India, Taiwan, and France. The company has established a strategic partnership with QuickLogic Corporation to further enhance its offerings in the semiconductor industry.

SiFive

Series C in 2018
SiFive, Inc. specializes in designing and manufacturing semiconductors, focusing on RISC-V architecture. The company offers a range of products including multi-core application processors, embedded microcontrollers, and customized silicon solutions. Its platform enables the development of chips for various applications, such as microcontrollers, the Internet of Things (IoT), and wearables, emphasizing the integration of open-source principles and software automation to streamline hardware development. SiFive aims to democratize access to custom silicon, allowing system designers to innovate more rapidly and cost-effectively. Founded in 2015 and headquartered in San Mateo, California, SiFive also has development offices and locations in several regions including Oregon, Texas, India, Taiwan, and France. The company has established a strategic partnership with QuickLogic Corporation to further enhance its offerings in the semiconductor industry.

SiFive

Series B in 2017
SiFive, Inc. specializes in designing and manufacturing semiconductors, focusing on RISC-V architecture. The company offers a range of products including multi-core application processors, embedded microcontrollers, and customized silicon solutions. Its platform enables the development of chips for various applications, such as microcontrollers, the Internet of Things (IoT), and wearables, emphasizing the integration of open-source principles and software automation to streamline hardware development. SiFive aims to democratize access to custom silicon, allowing system designers to innovate more rapidly and cost-effectively. Founded in 2015 and headquartered in San Mateo, California, SiFive also has development offices and locations in several regions including Oregon, Texas, India, Taiwan, and France. The company has established a strategic partnership with QuickLogic Corporation to further enhance its offerings in the semiconductor industry.

Rigetti Computing

Series A in 2016
Rigetti Computing is a full-stack quantum computing company that designs and manufactures quantum-integrated circuits, deploying them in low-temperature environments. The company develops proprietary control systems to execute quantum logic operations and has created software to integrate its quantum systems with existing cloud infrastructure. Rigetti's innovations include the industry's first multi-chip quantum processor, which enables scalability in quantum computing systems. The company focuses on practical applications of quantum computing, particularly in computational chemistry and machine learning, and offers the Forest platform, a comprehensive programming and execution environment for quantum and classical computing. Most of its revenue is generated from the United States.

SiFive

Series A in 2015
SiFive, Inc. specializes in designing and manufacturing semiconductors, focusing on RISC-V architecture. The company offers a range of products including multi-core application processors, embedded microcontrollers, and customized silicon solutions. Its platform enables the development of chips for various applications, such as microcontrollers, the Internet of Things (IoT), and wearables, emphasizing the integration of open-source principles and software automation to streamline hardware development. SiFive aims to democratize access to custom silicon, allowing system designers to innovate more rapidly and cost-effectively. Founded in 2015 and headquartered in San Mateo, California, SiFive also has development offices and locations in several regions including Oregon, Texas, India, Taiwan, and France. The company has established a strategic partnership with QuickLogic Corporation to further enhance its offerings in the semiconductor industry.

Infinera

Series E in 2004
Infinera Corporation is a global supplier of optical transport networking equipment, software, and services, specializing in photonic integration technology. The company's product offerings include modular and sled-based platforms, coherent optical transport systems, and packet transport platforms designed for a variety of network applications. Infinera's digital transport node system leverages photonic integrated circuits to enable efficient management and processing of data, supporting high-capacity optical networks. Its solutions cater to telecommunications service providers, internet content providers, cable operators, and large enterprises, among others. In addition to hardware, Infinera provides a range of support services, including technical support, installation, and professional services, to ensure optimal performance of its products. Founded in 2000 and headquartered in Sunnyvale, California, Infinera has established itself as a leader in the optical networking space.

Infinera

Series D in 2003
Infinera Corporation is a global supplier of optical transport networking equipment, software, and services, specializing in photonic integration technology. The company's product offerings include modular and sled-based platforms, coherent optical transport systems, and packet transport platforms designed for a variety of network applications. Infinera's digital transport node system leverages photonic integrated circuits to enable efficient management and processing of data, supporting high-capacity optical networks. Its solutions cater to telecommunications service providers, internet content providers, cable operators, and large enterprises, among others. In addition to hardware, Infinera provides a range of support services, including technical support, installation, and professional services, to ensure optimal performance of its products. Founded in 2000 and headquartered in Sunnyvale, California, Infinera has established itself as a leader in the optical networking space.
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