# Sid Sheth

> Sid Sheth is the co-founder and CEO of d-Matrix, a Santa Clara semiconductor company building memory-centric hardware and software for AI inference. After an engineering and business career spanning Intel, Aeluros, NetLogic, Broadcom and Inphi, he co-founded d-Matrix with Sudeep Bhoja in 2019. Their early focus on data-center inference was contrarian, their first architecture required a rapid pivot, and the company came within two weeks of running out of cash. By 2026, d-Matrix had raised $450 million, reached a $2 billion valuation, put its Corsair platform into full production, completed two acquisitions and announced that its next-generation Raptor accelerators would use NVIDIA NVLink Fusion infrastructure.

- **Role:** Co-founder and CEO at d-Matrix
- **Organizations:** d-Matrix, Inphi Corporation, Broadcom, NetLogic Microsystems, Aeluros, Intel, Purdue University Elmore Family School of Electrical and Computer Engineering Advisory Board
- **Education:** M.S. in Electrical and Computer Engineering, Purdue University, B.E. in Electronics and Communications, Gujarat University
- **Known for:** Co-founded d-Matrix and helped grow it to more than 250 employees across a global office network., Raised $450 million in announced funding for d-Matrix, including a $275 million Series C at a $2 billion valuation in 2025., Brought the Corsair AI inference platform into full production in June 2026.

## Career timeline

- **1997-2001** — Worked in engineering, R&D and management at Intel, including the Pentium microprocessor and network processor groups.
- **2001-2007** — Joined Aeluros as a founding team member and led worldwide marketing; Aeluros was acquired by NetLogic Microsystems in 2007.
- **2007-2011** — Led network-connectivity marketing at NetLogic Microsystems, later acquired by Broadcom.
- **2011-2019** — Held marketing and general-management roles at Inphi, ultimately serving as senior vice president and general manager of its networking business.
- **2019** — Co-founded d-Matrix with Sudeep Bhoja to build data-center inference compute.
- **2020** — Led pivots from analog to digital in-memory compute and toward transformer workloads while the company came within two weeks of running out of cash.
- **2021** — The company’s first proof-of-concept chip, Nighthawk, helped support a $40 million-scale Series A plan.
- **2022** — d-Matrix redesigned its architecture around generative transformers, producing the direction that became Corsair.
- **2023** — d-Matrix raised a $110 million Series B led by Temasek.
- **2024** — d-Matrix unveiled the Corsair inference platform at SC24.
- **2025** — d-Matrix raised $275 million in Series C funding at a $2 billion valuation, bringing announced total funding to $450 million.
- **2026** — Corsair entered full production; d-Matrix acquired GigaIO’s data-center business and Wallaroo.ai, and announced Raptor integration with NVIDIA NVLink Fusion infrastructure.

## Achievements

- Co-founded d-Matrix and helped grow it to more than 250 employees across a global office network.
- Raised $450 million in announced funding for d-Matrix, including a $275 million Series C at a $2 billion valuation in 2025.
- Brought the Corsair AI inference platform into full production in June 2026.
- Built Inphi’s networking business from an incubated operation into a business described in later biographies as exceeding $1 billion.
- Helped create NetLogic’s 100G product portfolio and expand its reach into mobile and cloud markets.
- Co-authored work presented at the 2006 IEEE International Solid-State Circuits Conference on an integrated 10Gb Ethernet VCSEL driver.
- Serves on Purdue University’s Electrical and Computer Engineering Advisory Board.

## Latest updates

- **2026-09** — d-Matrix announced that its next-generation 3D-DRAM Raptor accelerators would support NVIDIA NVLink Fusion rack-scale infrastructure.
- **2026-09** — d-Matrix introduced a Demo Cloud for evaluating Corsair-powered inference through OpenAI-compatible tools.
- **2026-08** — d-Matrix acquired Wallaroo.ai, adding deployment and orchestration software expertise to its inference stack.
- **2026-07** — Parasail announced deployment of Corsair accelerators alongside NVIDIA Hopper and Blackwell infrastructure.
- **2026-06** — Corsair entered full production, with volume shipments planned for priority customers.
- **2026-04** — d-Matrix acquired GigaIO’s data-center business, including systems engineers and rack-scale interconnect technology.

## Links

- Website: https://www.d-matrix.ai/
- LinkedIn: https://www.linkedin.com/in/sheth
- Twitter/X: https://x.com/sidsheth
- YouTube: https://www.youtube.com/@d-MatrixAI

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Profile page: https://yespress.io/sid-sheth
Published by YesPress — https://yespress.io
Last updated: 2026-09-27