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Nyriad logo — Revolutionizing the Foundation of Storage

Nyriad

Revolutionizing the Foundation of Storage

Founded 2014 United States Austin, United States 15 employees Series C Total: $64.80M Data Analytics, IT

General Information

Company Name Nyriad
Founded Year 2014
Location United States Austin, United States +1
Employees 15
Industries Data Analytics, IT
Funding Stage Series C
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About Nyriad

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 (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 1 •••• •••• 14 Nov 2021
Venture Round •••••• - 01 Oct 2020
Venture Round •••••• 1
Investor
01 Aug 2019
Venture Round •••••• - 01 Nov 2018
Series A •••••• 7
Investor Investor Investor Investor Investor Investor Investor
06 Feb 2018

View All 6 Funding Rounds

Nyriad Alternatives & Competitors

Nyriad vs
Panasas
Panasas United States

Panasas delivers software-defined storage solutions that redefine the industry standards in AI and H...

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Nyriad vs
Panaro Tech Private Limited
Panaro Tech Private Limited India

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Nyriad vs
Texas Memory Systems
Texas Memory Systems

Experience the Unmatched Speed of the World's Fastest Storage

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FAQ About Nyriad

Revolutionizing the Foundation of Storage
Nyriad was founded in 2014.
Nyriad is headquartered in Austin, United States.
Nyriad operates in the following industries: Data Analytics, IT.
Nyriad has approximately 15 employees.
Nyriad has completed 6 funding rounds, raising a total of $64.80M. The latest funding stage is Series C.
Top alternatives and competitors to Nyriad include Panasas, Panaro Tech Private Limited, Texas Memory Systems, StorONE. Enterprise Storage Platform, Arxys. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nyriad and Panasas are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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