# Nyriad: Information technology & services, Austin, United States

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

Source: https://millionrounds.com/startup/nyriad (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# Nyriad

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

Email

Funding reported Last round: Series C

Information technology & services Austin, United States

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Company summary

- **Founded:** 2014 12 years old
- **Team:** 13 11 to 50 people
- **Funding reported:** $58M in dollars
- **Last round:** Series C Nov 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Nyriad has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$58M** in dollars

Rounds **6**

Last round **Series C**

Last round size **$28M**

Last round date **Nov 2021**

Investors listed **10**

## On 2 portfolio pages

Investors who name them

- [Pacific Channel](https://millionrounds.com/fund/pacific-channel)
- [New Zealand Growth Capital Partners](https://millionrounds.com/fund/new-zealand-growth-capital-partners-nzgcp)

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 & services it services & it consulting

- **Sector:** Information technology & services
- **Industry code:** NAICS 611430, 611420, SIC 8299
- **Region:** Texas
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/nyriad)

## Information technology & services in United States

Startups like it

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- [**Waymo** Mountain View · founded 2009 *Raised*](https://millionrounds.com/company/waymo)
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- [**Cursor** San Francisco · founded 2017 *Raised*](https://millionrounds.com/company/cursor)
- [**Thinking Machines Lab** San Francisco *Raised*](https://millionrounds.com/company/thinking-machines-lab)
- [**Cognition** San Francisco *Raised*](https://millionrounds.com/company/cognition)
- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

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