Nyriad

Revolutionizing the Foundation of Storage

General Information
Company Name
Nyriad
Founded Year
2014
Location (Offices)
Austin, United States +1
Founders / Decision Makers
Number of Employees
15
Industries
Data Analytics, IT
Funding Stage
Series C
Social Media

Nyriad - Company Profile

Nyriad, with a slogan "Revolutionizing the Foundation of Storage," is a standout player in the technology industry. The company was founded in 2014 and is headquartered in the United States. Recently, it secured a significant $28.00M Venture Round investment on 14 November 2021, from Guy Haddleton, further exemplifying its potential and attracting attention from prominent investors. Nyriad's flagship product, the Nyriad UltraIO™ storage system, harnesses the unprecedented power and speed of GPUs to deliver flash-level performance at the total cost of ownership of traditional hard drives. This innovative system not only ensures high performance and resilience, safeguarding critical workloads with fail-safe data availability, but also simplifies operations for organizations reliant on essential applications such as media and imaging, backup and recovery, high-performance computing, and active archiving. One of the most compelling aspects of Nyriad's UltraIO storage system is its contribution to sustainability initiatives, offering a notable reduction of up to 60% in energy costs and consumption, while maintaining a significantly decreased carbon footprint compared to similarly-sized alternatives. Nyriad's commitment to simplicity extends throughout its entire product lifecycle, from acquisition to deployment and management, empowering organizations to swiftly address the world's most pressing challenges. With its groundbreaking approach to storage solutions, Nyriad is well-positioned to drive impactful innovation and meet the evolving needs of businesses across diverse sectors. For further information, interested parties can visit their website: www.nyriad.io.

Taxonomy: GPU-accelerated storage, High performance computing, Data resilience, Flash-level storage performance, Sustainability initiatives, Energy-efficient storage, Data availability, Operational simplicity, Media and imaging storage, Backup and recovery, Active archiving, TCO optimization, Data management, Innovative storage solutions

Funding Rounds & Investors of Nyriad (6)

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Funding Stage Amount No. Investors Investors Date
Series C $28.00M 1 Guy Haddleton 14 Nov 2021
Venture Round $8.30M - 01 Oct 2020
Venture Round Unknown 1 01 Aug 2019
Venture Round NZD20.00M - 01 Nov 2018
Series A $8.50M 7 06 Feb 2018

View All 6 Funding Rounds

Latest News of Nyriad

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No recent news or press coverage available for Nyriad.

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