-
Ex-abbot of China's Shaolin Temple arrested for embezzlement
-
Doncic scores 41 to propel Lakers to NBA win over Bucks
-
Colombia beats New Zealand 2-1 in friendly clash
-
France's Aymoz wins Skate America men's gold as Tomono falters
-
Gambling ads target Indonesian Meta users despite ban
-
Joe Root: England great chases elusive century in Australia
-
England's Archer in 'happy place', Wood 'full of energy' ahead of Ashes
-
Luxury houses eye India, but barriers remain
-
Budget coffee start-up leaves bitter taste in Berlin
-
Reyna, Balogun on target for USA in 2-1 win over Paraguay
-
Japa's Miura and Kihara capture Skate America pairs gold
-
Who can qualify for 2026 World Cup in final round of European qualifiers
-
UK to cut protections for refugees under asylum 'overhaul'
-
England's Tuchel plays down records before final World Cup qualifier
-
Depoortere double helps France hold off spirited Fiji
-
Scotland face World Cup shootout against Denmark after Greece defeat
-
Hansen hat-trick inspires Irish to record win over Australia
-
Alcaraz secures ATP Finals showdown with 'favourite' Sinner
-
UK to cut protections for refugees under asylum 'overhaul': govt
-
Spain, Switzerland on World Cup brink as Belgium also made to wait
-
Sweden's Grant leads by one at LPGA Annika tournament
-
Scotland cling to hopes of automatic World Cup qualification despite Greece defeat
-
Alcaraz secures ATP Finals showdown with great rival Sinner
-
England captain Itoje savours 'special' New Zealand win
-
Wales's Evans denies Japan historic win with last-gasp penalty
-
Zelensky renews calls for more air defence after deadly strike on Kyiv
-
NBA's struggling Pelicans sack coach Willie Green
-
Petain tribute comments raise 'revisionist' storm in France
-
Spain on World Cup brink as Belgium also made to wait
-
Spain virtually seal World Cup qualification in Georgia romp
-
M23, DR Congo sign new peace roadmap in Doha
-
Estevao, Casemiro on target for Brazil in Senegal win
-
Ford steers England to rare win over New Zealand
-
Massive march in Brazil marks first big UN climate protest in years
-
Spain rescues hundreds of exotic animals from unlicensed shelter
-
Huge fire sparked by explosions near Argentine capital 'contained'
-
South Africa defy early red card to beat battling Italy
-
Sinner beats De Minaur to reach ATP Finals title match
-
Zelensky vows overhaul of Ukraine's scandal-hit energy firms
-
South Africa defy early red card to beat Italy
-
Alex Marquez claims Valencia MotoGP sprint victory
-
McIlroy shares lead with Race to Dubai title in sight
-
Climate protesters rally in Brazil at COP30 halfway mark
-
Spike Lee gifts pope Knicks jersey as pontiff meets film stars
-
BBC caught in crossfire of polarised political and media landscape
-
'Happy' Shiffrin dominates in Levi slalom for 102nd World Cup win
-
Palestinian national team on 'mission' for peace in Spain visit
-
Brazilian 'Superman' cheers child cancer patients in Ghana
-
India close in on win over South Africa after Jadeja heroics
-
Huge explosions rock industrial area near Argentina's capital
Graid Technology Secures $30M Series B to Accelerate Growth in Data Storage & Protection Market
New investments will drive expansion of Graid Technology's industry-leading data protection solutions across OEM and Enterprise markets.
SANTA CLARA, CALIFORNIA / ACCESS Newswire / March 4, 2025 / Graid Technology, a leading innovator in GPU-based RAID for NVMe storage performance, today announced the successful closing of its $30 million Series B funding round. The round was led by HH-CTBC Partnership, a joint venture fund between Foxconn and CTBC, alongside Yuanta Ventures. The funding also includes participation from Delta Electronics Capital, Harbinger Venture Capital, and returning investors from Graid Technology's 2022 Series A round.
New investments will drive expansion of Graid Technology's industry-leading data protection solutions across OEM and Enterprise markets.
This investment will drive global expansion, product innovation, and strategic partnerships, strengthening Graid Technology's presence in enterprise and OEM markets while meeting growing demand for AI, machine learning (ML), and high-performance computing (HPC) workloads.
Graid Technology's SupremeRAID™ product line eliminates traditional RAID bottlenecks by offloading RAID operations to the GPU, maximizing NVMe SSD performance and scalability. With thousands of deployments worldwide, SupremeRAID™ is enabling data centers, AI research facilities, media production, and financial institutions to optimize storage infrastructure while ensuring data integrity, redundancy, and resilience.
"This funding marks a significant milestone, not only in expanding our market reach but also in driving new innovations," said Leander Yu, Founder and CEO of Graid Technology. "The backing of HH-CTBC Partnership, Yuanta Ventures, and other strategic investors reflects confidence in our vision. With their support, we are well-positioned to scale our technology and expand into new markets."
About Graid Technology
Graid Technology is transforming enterprise storage with SupremeRAID™, the world's first GPU-based RAID solution. By offloading RAID calculations to the GPU, SupremeRAID™ enables enterprises to maximize NVMe SSD performance, delivering unprecedented speed, efficiency, and scalability for AI, ML, media, and high-performance computing workloads. Headquartered in Silicon Valley, California, with an R&D center in Taipei, Taiwan, Graid Technology partners with leading OEMs and global technology providers to redefine NVMe storage performance.
For more information, visit www.graidtech.com.
Contact Information
Andrea Eaken
Senior Director of Marketing, Americas & EMEA
[email protected]
949-742-9928
SOURCE: Graid Technology Inc.
View the original press release on ACCESS Newswire
Z.AbuSaud--SF-PST