Nyriad

Nyriad

Building a cutting edge solution to combine the power of both the CPU and GPU to tackle the world’s increasing need for data storage and processing. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$112—168m (Dealroom.co estimates Nov 2021.)
Austin Texas (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues7.9m7.9m7.0m14.2m14.2m
% growth--(11 %)103 %-
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DateInvestorsAmountRound
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N/A

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N/A

N/A

Seed

$8.5m

Series A
N/A

$13.4m

Late VC
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N/A

Late VC
*
N/A

$8.3m

Series B
*
N/A

$28.0m

Late VC
Total Funding$58.2m

Recent News about Nyriad

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More about Nyriadinfo icon
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Nyriad Inc. is a pioneering company in the data storage industry, developing cutting-edge storage solutions that leverage a unique architecture combining GPUs, CPUs, and persistent memory. This innovative approach delivers an unprecedented mix of performance, resilience, and efficiency, enabling businesses to grow, adapt, and remain competitive in a data-driven world. Nyriad serves a diverse range of clients, including enterprises and data centers, who require robust and scalable storage solutions. Operating in the highly competitive storage market, Nyriad's business model focuses on providing advanced storage technology through both direct sales and partnerships. The company generates revenue by selling its proprietary storage solutions and offering ongoing support and maintenance services. With significant funding and a strategic shift of its headquarters to the US, Nyriad is well-positioned to expand its market presence and continue its development efforts.

Keywords: storage solutions, GPUs, CPUs, persistent memory, performance, resilience, efficiency, data-driven, scalable, enterprise.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.