TLDR:
Radian Arc, an Infrastructure as a Service (IaaS) provider specializing in cloud gaming and artificial intelligence (AI), announced the successful closing of its Series B funding round at $9 million. The funding was led by BITKRAFT Ventures, with significant participation from AMD Ventures, Boston, and Saffelberg. This investment will enable Radian Arc to expand its global reach, enhance its IaaS platform, and continue developing its cloud-based solutions. The company’s strategic focus on partnering with Telcos positions it at the forefront of the convergence between gaming, AI, and telecommunications, allowing them to capitalize on the market’s growth in the years to come.
Article Summary:
Radian Arc, an IaaS provider focusing on cloud gaming and AI, secured $9 million in funding from BITKRAFT Ventures, AMD Ventures, Boston, and Saffelberg. This investment aims to help Radian Arc expand globally, improve its IaaS platform, and advance its cloud solutions. The company’s partnerships with telecommunications companies will facilitate the integration of cutting-edge services in gaming and AI technology. Radian Arc’s CEO, David Cook, expressed excitement about the support of investors and highlighted the company’s goal to innovate Telcos’ use of cloud infrastructure. BITKRAFT Ventures’ Principal, Jonathan Huang, praised Radian Arc’s tech stack and strategic partnerships, positioning the company to excel in the gaming industry’s platform transformation.
