Radian Arc secures funding for edge cloud service from CPS Capital Group, AMD Ventures and TEC

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Radian Arc secures funding for edge cloud service from CPS Capital Group, AMD Ventures and TEC

Radian Arc, a cloud infrastructure provider, has successfully closed its Series A funding round with key partners CPS Capital Group, AMD Ventures and TEC. The investment will expand cloud gaming and edge computing technologies so that metaverse and XR applications can be more affordable and reliable.

David Cook, the CEO of Radian Arc, expressed his optimism about the funding and its potential impact on the company’s ability to provide content to consumers in a more affordable way for telecom operators. He noted, “This round of funding is a validation of Radian Arc’s progress activating cloud gaming solutions via 5G networks,” he said.

Radian Arc offers an IaaS platform that enables telecom operators to run cloud gaming, AI and ML applications with low latency and cost-efficiency. They have partnered with TEC to expand its telecommunications networks pipeline. The collaboration will also accelerate GPU edge data center solutions for network operators with AMD Radeon GPUs and EPYC CPUs. This will deliver robust computing power, reliable connectivity and cloud gaming services through connection with other leading applications.

Meanwhile, the partnership with AMD will introduce new GPU edge data center solutions for telecom operators across the globe. The combined power of AMD Radeon GPUs and Epyc CPUs will enable networks of efficient edge data centers capable of delivering robust computing power and reliable connectivity. In addition, the partnership with TEC will give Radian Arc access to other leading cloud gaming applications, including Blacknut, Loudplay, OnePlay and Todosgamers. The companies say this access will expand its network pipeline and drive the deployment of GPU edge infrastructure for cloud gaming services.

“The investment from trusted industry leaders like AMD and TEC is proof that, with the right partners, we’re poised to lead in providing low latency, low cost, and high-performance cloud gaming to more network operators around the world,” added Cook.

This fall, Radian Arc joined forces with Supermicro, a server, storage 5G, and edge product manufacturer, to combine Radian Arc’s GPU edge tech with Supermicro’s application-optimized systems. This collaboration creates a cutting-edge infrastructure to help build cloud-based applications, machine learning and the metaverse.

Last year, a competitor, Edgegap, received a Series A investment of $7 million led by Konvoy Ventures and included other investors such as GFR Fund, Liberty Global and Akamai. Edgegap declared that the funds would enable them to expand their team and further develop edge infrastructure for gamers.

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