Nyriad
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 7.9m | 7.9m | 7.0m | 14.2m | 14.2m |
% growth | - | - | (11 %) | 103 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$8.5m | Series A | ||
N/A | $13.4m | Late VC | |
N/A | N/A | Late VC | |
* | N/A | $8.3m | Series B |
* | N/A | $28.0m | Late VC |
Total Funding | CAD79.4m |
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Recent News about Nyriad
EditNyriad 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.