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.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.
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
andrea.eaken@graidtech.com
949-742-9928
SOURCE: Graid Technology Inc.
View the original press release on ACCESS Newswire
Graid Technology Inc.

Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Rust Mobile Revealed With Official Trailer, First Hands-on Demo Set for Gamescom 20251.8.2025 18:30:00 CEST | Press release
The new cinematic trailer showcases Rust Mobile retaining the DNA of its PC predecessor, from cutthroat PvP to base raiding while offering the accessibility and flexibility of mobile Players can get a hands-on experience of Rust Mobile as it makes its debut at gamescom from 20th to 24th August Players are invited to pre-register at rustmobile.com SHENZHEN, CN / ACCESS Newswire / August 1, 2025 / Level Infinite is thrilled to reveal gameplay features for Rust Mobile, the officially licensed mobile adaptation of the iconic PC survival game Rust. Recreating the brutal survival experience, Rust Mobile combines the original with mobile-first innovations and will see its public hands-on debut at gamescom 2025.Rust Mobile Revealed Pre-registration is open now Watch the cinematic trailer here. Officially licensed by Facepunch Studios, Rust Mobile stays true to the uncompromising spirit of the original, delivering a survival experience fans know and love. From open-world exploration and ruthles
Innodata Reports Second Quarter 2025 Results with Revenue up 79% Year-Over-Year and Raises Full Year Guidance31.7.2025 22:15:00 CEST | Press release
NEW YORK, NY / ACCESS Newswire / July 31, 2025 / INNODATA INC. (Nasdaq:INOD) today reported results for the second quarter ended June 30, 2025. Revenue of $58.4 million, representing 79% year-over-year organic revenue growth. Adjusted EBITDA of $13.2 million, an increase of $10.4 million from $2.8 million in the same period last year.* Net income of $7.2 million, or $0.23 per basic share and $0.20 per diluted share, compared to a de minimis net loss, or $0.00 per basic and diluted share, in the same period last year. Cash, cash equivalents and short-term investments were $59.8 million as of June 30, 2025 and $46.9 million as of December 31, 2024. * Adjusted EBITDA is defined below. Jack Abuhoff, CEO, said, "Q2 was another outstanding quarter. We beat analysts' expectations across the board on key metrics - revenue, Adjusted EBITDA, net income, and fully-diluted EPS. As a result of strong demand and momentum, which includes significant new deal wins across a diversity of new and existin
Polaris Renewable Energy Announces Q2 2025 Results31.7.2025 14:00:00 CEST | Press release
TORONTO, ONTARIO / ACCESS Newswire / July 31, 2025 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to report its financial and operating results for the three and six months ended June 30, 2025. This earnings release should be read in conjunction with the Company's condensed consolidated interim financial statements and management's discussion and analysis, which are available on the Company's website at www.PolarisREI.com and have been posted on SEDAR+ at www.sedarplus.ca. The dollar figures below are denominated in US Dollars unless noted otherwise. 2025 HIGHLIGHTS Second quarter consolidated energy production totaled 215,797 MWh, representing a 15% increase compared to 186,886 MWh in the same quarter last year. The increase is mainly attributable to stronger hydrological conditions in Peru and the contribution from the Puerto Rican wind farm, acquired on March 3, 2025, which did not contribute to consolidated energy production in t
Polaris Renewable Energy Declares Quarterly Dividend31.7.2025 14:00:00 CEST | Press release
TORONTO, ONTARIO / ACCESS Newswire / July 31, 2025 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to announce that its board of directors has declared a quarterly dividend of US$0.15 per common share outstanding. This dividend will be paid on August 22nd to shareholders of record at the close of business on August 11th. The dividend is an "eligible dividend" as designated for Canadian federal, provincial, and territorial income tax purposes. The board of directors of Polaris Renewable Energy remains committed to paying a quarterly dividend and will evaluate further dividend increases, as appropriate, going forward. About Polaris Renewable Energy Inc. Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company's ope
New Report Reveals Key Considerations For Successful Distribution Onboarding30.7.2025 15:00:00 CEST | Press release
NASHVILLE, TN / ACCESS Newswire / July 30, 2025 / The Global Technology Distribution Council (GTDC) released its collaborative research report titled "The Distribution Onramp: A Quick-Start Guide for Established and Emerging Technology Vendors" during the GTIA ChannelCon event this week. The engaging new study provides valuable best practices for initiating and developing strong and mutually beneficial relationships between technology suppliers and distributors. In today's fast-paced technology landscape, IT vendors are under immense pressure to scale their sales, technical support and other operations quickly and efficiently to meet market demands and stay ahead of the competition. GTDC's latest report illustrates how a well-designed channel program can create an accelerated path to achieving these goals, particularly if the organization leverages two-tier distribution to cost-effectively expand their reach, enhance customer engagement and drive net new sales. This valuable industry r
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom