Ryax Technologies
Latest round
- Series B
Last raised
- Feb 2023
Total raised
- $1.2M
Investors
- 3
About Ryax Technologies
Founded in 2017 in Lyon, France, Ryax Technologies delivers an open-source Hybrid IT workflow orchestrator.Ryax Technologies specializes in providing a comprehensive open-source Hybrid IT workflow orchestrator designed to enhance the return on investment (ROI) for artificial intelligence (AI) applications. The core product, the Ryax orchestrator, enables seamless deployment from development to production without requiring DevOps expertise, optimizing resource allocation and performance. Key features include intelligent orchestration that parallelizes workloads, leverages serverless GPU/CPU/RAM capabilities, and employs Ryax Intelliscale for cost efficiencies, resulting in prices that are 10% to 30% lower than mainstream cloud offerings. The platform caters to developers through an API-first approach and CLI tools, suitable for various use cases including machine learning, high-performance computing (HPC), and power management.Ryax Technologies operates on a pay-as-you-go revenue model, allowing clients to pay solely for the resources they utilize, thus ensuring cost efficiency. Transactions occur directly between Ryax and its clients, which include developers and enterprises seeking scalable IT solutions. The pricing structure features competitive rates for various compute resources, such as GPU and CPU offerings. Clients are encouraged to engage with the platform through initial credits for trial usage, which facilitates user acquisition and retention. Specific details regarding upcoming products are not disclosed, but the focus remains on enhancing the Ryax orchestrator’s capabilities. The company aims to strengthen its presence in North America and Europe, encouraging adoption among businesses requiring efficient AI deployment solutions.
Who invested in Ryax Technologies
3 investors across 2 rounds
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Questions about Ryax Technologies
Who invested in Ryax Technologies?
Ryax Technologies has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ryax Technologies raised?
Ryax Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ryax Technologies last raise money?
Ryax Technologies's most recent round on record is a Series B, in Feb 2023.
What does Ryax Technologies do?
Founded in 2017 in Lyon, France, Ryax Technologies delivers an open-source Hybrid IT workflow orchestrator.
Where is Ryax Technologies headquartered?
Ryax Technologies is headquartered in Lyon, France.
Which VCs invest in companies like Ryax Technologies?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Ryax Technologies's stage. Their profiles are linked below.
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