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SiFive Appoints CFO to Executive Team

Shiva Natarajan to lead financial organization for SiFive's next phase of growth

SAN MATEO, Calif., Feb. 14, 2018 – – SiFive, the leading provider of commercial RISC-V processor IP, continues to grow its executive staff with the appointment of Shiva Natarajan as chief financial officer. Natarajan joins SiFive with more than two decades of financial management, accounting and strategic planning experience in both public and private technology companies.

As CFO, Natarajan will help to structure the company's financial systems and oversee SiFive's continued growth as it rolls out its innovative business model.

"I am excited to join one of the most unique teams in the world that is disrupting the semiconductor market using RISC-V technology," said Natarajan. "I look forward to applying my experience to help guide the company through its continued, explosive growth."

Since its founding in 2015, SiFive has grown exponentially with the RISC-V ecosystem, and the company is projecting to double its employee count in 2018 to support the increased demand for its market-leading RISC-V product offerings. The expansion includes the recent appointments of Sunil Shenoy as vice president of hardware engineering and Shafy Eltoukhy as vice president of operations.

"SiFive is at a crucial point in its development, and Shiva's experience in navigating the growth path of expanding companies will help guide the next phase of SiFive's growth," said Naveed Sherwani, SiFive CEO. "Shiva will provide us with the financial vision, strategy and leadership to advance SiFive to the next level."

Before joining SiFive, Natarajan was vice president of finance at A10 Networks. Earlier in his career, Natarajan served as vice president, corporate controller, chief accounting officer and interim CFO during his eight years at Applied Micro Circuits Corporation.

Natarajan began his career in public accounting and worked for PwC and Ernst & Young. He is a certified public accountant and holds a bachelor's degree in science from the University of Calcutta.

About SiFive

SiFive is the leading provider of market-ready processor core IP based on the free and open RISC-V instruction set architecture. Founded by RISC-V inventors Andrew Waterman, Yunsup Lee and Krste Asanovic, SiFive helps SoC designers reduce time-to-market and realize cost savings with customized, open-architecture processor cores, and democratizes access to optimized silicon by enabling system designers to build customized RISC-V based semiconductors. SiFive is located in Silicon Valley and has venture backing from Sutter Hill Ventures, Spark Capital and Osage University Partners. For more information, visit www.sifive.com.

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