Company makes move for closer proximity to customers and partners as it enters go-to-market phase
Nyriad Inc. announced it has relocated its global headquarters from New Zealand to the U.S. as it prepares to launch the industry’s first storage solutions based on a new architecture that redefines how data is stored. The architecture combines the power of GPUs and CPUs to deliver an unprecedented combination of performance, resilience, and efficiency, enabling massive amounts of data and multiple data types to be managed in a single storage system that is simple to deploy, operate, scale, and maintain.
The new Nyriad global headquarters is in the San Francisco Bay Area. While development and engineering continue to reside in New Zealand, such capabilities will be expanded in other places wherever talents reside, including Silicon Valley.
“The fundamental nature of storage hasn’t changed much in 15 years, even as the world’s data and our reliance on it has grown exponentially with no end in sight,” said Herb Hunt, Nyriad Chief Executive Officer. “The performance and resilience of data systems has never been more important to business success, but the approaches being used today are not fast enough, not resilient enough, inefficient and not up to the task.
“Data and data management have the potential to be huge competitive advantages, but existing storage products focus on compensating for technical inadequacies,” added Hunt. “Nyriad is building a new storage architecture from the ground up that empowers businesses to grow, adapt, and stay competitive in a data-driven world. We are excited to have closed a funding round and be bringing our headquarters closer to our customers as we bring our revolutionary architecture to market.”
The headquarters move follows a refocusing of Nyriad in late 2020, led by serial entrepreneur and Nyriad Chairman of the Board, Guy Haddleton. At the time, the company completed a funding round from existing shareholders and began to expand its executive leadership team. The expanded executive team includes: