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Graid Technology Secures $30M Series B to Accelerate Growth in Data Storage & Protection Market
Graid Technology 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.

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, SupremeRAIDTM 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."

Published Tuesday, March 04, 2025 11:12 AM by David Marshall
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