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Graid Technology Secures $15M Usd Series A Funding, Accelerates Growth In The Data Storage & Protection Market

PRIVATEJan 25, 2022

Amount Raised

$15 Million

Round Type

Series A

Santa ClaraInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Description

GRAID Technology announced today that it has secured a $15 million USD Series A funding round, led by Capital TEN. Additional investors include Cathay Venture Inc., China Investment & Development Company Ltd., Huitung Investments, Neo Capital Investment Corporation Ltd., Paragon Investments Inc., and Yuanta Venture Capital Co. Ltd. This funding round positions GRAID to continue to deliver industry leading data protection products across worldwide OEM and Enterprise markets.

Quick answer

Graid Technology raised $15 Million in a Series A round, dated January 25, 2022. Graid Technology is based in Santa Clara, California, United States.

How much did Graid Technology raise?
Graid Technology raised $15 Million in a Series A round on January 25, 2022.
What does Graid Technology do?
Graid Technology is a Santa Clara, CA-based company specializing in GPU-based RAID solutions for NVMe storage performance.
Where is Graid Technology based and how big is it?
Graid Technology is based in Santa Clara, California, United States. Fundz records about 60 employees.
Who are the decision-makers at Graid Technology?
Fundz holds 1 contact at Graid Technology. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Graid Technology that raised within 45 days of this round, from Fundz verified event records.

  • Zeta Global raised $30M (Funding Round) on March 8, 2022.
  • MobileX raised $885K (Seed) on March 4, 2022.
  • Cohere raised $125M (Series B) on February 16, 2022.
  • Bud raised $15M (Series A) on February 14, 2022.
  • Gradial raised an undisclosed amount (Series A) on February 8, 2022.
  • Celestial AI raised $56M (Series A) on February 4, 2022.

Who to call at Graid Technology, and when

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Company Information

Company

Graid Technology

Location

Santa Clara, California, United States

About

Graid Technology is a Santa Clara, CA-based company specializing in GPU-based RAID solutions for NVMe storage performance. They empower enterprise storage with their product SupremeRAID™, aiming to optimize NVMe SSD performance. The company focuses on driving product innovation and global expansion, particularly in the fields of AI, machine learning, and high-performance computing. Led by CEO and Founder Leander Yu, Graid Technology collaborates with OEMs and global technology providers.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Graid Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.