Krishna Rangasayee Net Worth – Founder and CEO of SiMa.ai

Krishna Rangasayee, a prominent figure in the technology industry, has made significant contributions as the founder and CEO of SiMa.ai. SiMa.ai is a machine learning business that offers a software-centric, purpose-built MLSoC platform. They provide simple ML deployment and scalability at the embedded edge, allowing users to handle any computer vision challenge while delivering 10x greater performance at the lowest power. 

With his extensive experience in the semiconductor industry, Rangasayee has not only built a successful company but also amassed considerable wealth throughout his career.

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Krishna Rangasayee Net Worth

While the exact figures may vary across different sources, it is estimated that Krishna Rangasayee’s net worth falls within the range of $2 million to $12.5 million as of 2024. This substantial wealth can be attributed to his executive roles at various companies, including Xilinx Inc. Groq, and Lattice Semiconductor, as well as his ownership of shares in these organizations.

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Education

Krishna Rangasayee went to the National Institute of Technology Warangal for a Bachelor of Technology in Electronics Engineering in 1986. Following this, he furthered his studies at Mississippi State University, obtaining a Master of Science in Electrical Engineering with a specialization in Computer Architecture and VLSI. 

During his time at Mississippi State University, Rangasayee actively participated in various activities and societies, including Tau Beta Pi, Eta Kappa Nu, and IEEE. 

Later in 2006, he attended the AEA Stanford Executive MBA Program at Stanford University Graduate School of Business.

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Career

Krishna Rangasayee’s career began as a Senior Applications Engineer at Cypress Semiconductor in 1993. He then transitioned to Altera Corporation, acquired by Intel, serving as a Senior Engineer in Product Planning. 

Following this role, Rangasayee joined Xilinx, a prominent semiconductor company, where he spent a remarkable 18 years from 1999 to 2017. At Xilinx, he held various executive leadership positions, including Executive Vice President of Global Sales and Senior Vice President and General Manager for Global Sales and Markets, driving strategy, growth, and execution to establish the company’s market leadership. Krishna expanded Xilinx to $2.5 billion in revenue with a 70% gross margin.

Subsequently, Rangasayee served as the COO at Groq for over a year, contributing his expertise to accelerate complex workloads in artificial intelligence, machine learning, and high-performance computing. 

Following his tenure at Groq, he joined Lattice Semiconductor as a Member of the Board of Directors. 

In 2018, he founded SiMa.ai, a company building machine learning (ML) system-on-chip (SoC) devices that provide high-performance capabilities. He has also been serving as the company’s CEO since its inception. 

Rangasayee leads a team delivering a software-centric purpose-built MLSoC™ platform to enable effortless ML deployment and scaling at the embedded edge. The company initially focused on computer vision applications.

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Latest Updates

Recently, SiMa.ai introduced its Gen1 platform, establishing itself as a leader in EdgeAI technology in terms of performance per watt and ease of use. Its next-generation platform promises to support various AI models ranging from Convolutional Neural Networks (CNNs) to Vision Transformers to Multi-Modal GenAI at the edge, all integrated into a single software-centric purpose-built platform. The company has collaborated with partners such as Arm, Synopsys Inc., and TSMC.

Additionally, SiMa.ai has secured significant funding, led by new investor Andrew Homan at Maverick Capital, along with participation from Point72 and Jericho. Their overall funding to date is $270 million. 

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