GRAID Technology, a emerging player in active data protection, just announced its series A with $15M from Capital TEN, Cathay Venture Inc., China Investment & Development Company Ltd., Huitung Investments, Neo Capital Investment Corporation Ltd., Paragon Investments Inc., and Yuanta Venture Capital Co. Ltd. It will help GRAID to accelerate the development of new card around PCIe Gen 4 and 5 for sure and also new software iteration with new features and approach the oem and enterprise market. The company has emerged as a new player for data protection of SSDs developing a next generation PCIe card powered by GPU to offer new RAID capabilities and performance to support NVME SSDs.
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