United States · Information technology & services startup

Nyriad

Nyriad is a technology company founded in 2014, with headquarters in Austin, Texas, and a development team in Hamilton, New Zealand.

Funding reportedLast round: Series C

Information technology & servicesAustin, United States

About Nyriad

Nyriad is a technology company founded in 2014, with headquarters in Austin, Texas, and a development team in Hamilton, New Zealand.

The company specializes in IT services, database software, and data storage solutions. Nyriad is known for creating the world's first GPU-accelerated storage system, which utilizes the processing power of graphics processing units to manage and store data efficiently. The flagship product, UltraIOTM, is a GPU-accelerated block storage device that offers high performance comparable to flash storage at a lower total cost of ownership. Nyriad also provides a Storage as a Service (STaaS) model, allowing organizations to manage their storage needs predictably. The company targets various sectors, including media and imaging, backup and recovery, high-performance computing, and active archiving, primarily serving businesses in the United States. Nyriad is currently seeking a buyer for its technology.

What company datasets say Nyriad raised

Funding, as reported

Reported in all$58Min dollars
Rounds6
Last roundSeries C
Last round size$28M
Last round dateNov 2021
Investors listed10

On 2 portfolio pages

Investors who name them

Each firm lists Nyriad on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

information technology & servicesit services & it consulting

Sector
Information technology & services
Industry code
NAICS 611430, 611420, SIC 8299
Region
Texas
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Information technology & services in United States

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