Loading organizations...

Nyriad is a technology company.
Nyriad develops GPU-accelerated storage systems, primarily centered around its UltraIO product. This technology leverages the power of Graphics Processing Units for converging computing and I/O, employing intelligent data placement and advanced erasure coding to create highly resilient and performant data storage solutions. The system minimizes data movement during the processing of large datasets, offering robust data protection and efficient handling of demanding workloads.
The company was founded in 2014 by Alex St. John and Matthew Simmons. Their insight stemmed from recognizing the potential of GPUs to revolutionize data storage infrastructure by integrating computational power directly into the storage process, moving beyond traditional RAID architectures. This fundamental shift aimed to address the growing complexities and performance bottlenecks associated with managing vast quantities of data.
Nyriad’s offerings serve enterprises and organizations with high-performance computing needs, providing solutions for complex data management challenges. Through its UltraIO-as-a-Service, the company aims to simplify on-premises storage, emphasizing capacity flexibility and billing simplicity. Its vision focuses on transforming how businesses store and manage critical information assets, enabling greater efficiency and reliability in data-intensive environments.
Nyriad has raised $37.0M across 2 funding rounds.
Nyriad has raised $37.0M in total across 2 funding rounds.
Nyriad has raised $37.0M in total across 2 funding rounds.
Nyriad's investors include DCVC (Data Collective), East Ventures, Enterprise Angels, ICE Angels, IDATEN Ventures, New Zealand Growth Capital Partners, Prelude Ventures.
Nyriad is a GPU‑accelerated storage software company that builds a software‑defined storage platform aiming to deliver near‑flash performance, high resilience, and lower cost by moving data‑processing into GPUs and CPUs rather than relying solely on traditional storage controllers[2][4].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Nyriad has raised $37.0M across 2 funding rounds. Most recently, it raised $28.0M Other Equity in November 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 15, 2021 | $28.0M Other Equity | ||
| Feb 1, 2018 | $9.0M Series A | DCVC (Data Collective), East Ventures, Enterprise Angels, ICE Angels, IDATEN Ventures, New Zealand Growth Capital Partners, Prelude Ventures |