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Nyriad Raises Us$28 Million To Fund Go-To-Market Efforts And Continued Development For Storage Solutions Based On A New Architecture

Nov 14, 2021•almost 4 years ago

Amount Raised

$28 Million

San Jose

Description

Nyriad Inc. (Nyriad) announced today it has raised an additional US$28 million of funding, primarily from existing investors. The funds will be used to accelerate the company's global go-to-market and engineering efforts for its reimagined storage solution based on a new architecture that redefines how data is stored and managed.

Company Information

Company

Nyriad

Location

San Jose, California, United States

About

About NyriadNyriad is developing the industry's first storage solutions based on a new architecture that redefines how data is stored. The architecture combines the power of GPUs and CPUs to deliver an unprecedented combination of performance, resilience, and efficiency, enabling massive amounts of data and multiple data types to be managed in a single storage system that is simple to deploy, operate, scale, and maintain. Headquartered in Silicon Valley, Nyriad is building a new storage architecture from the ground up that empowers businesses to grow, adapt, and stay competitive in a data-driven world. For more information, visit us on the web at www.nyriad.io. SOURCE Nyriad Inc.

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