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. And this funding round was led by BITKRAFT Ventures, a renowned gaming and web3 venture capital firm, with significant participation from industry leaders AMD Ventures, Boston, and Saffelberg.
This strategic deal reaffirms Radian Arc’s position as a trailblazer in the rapidly expanding cloud gaming and AI sectors. And the company’s IaaS solutions have gained widespread recognition for their ability to empower telecommunications companies (Telcos) to deliver immersive gaming experiences and deploy advanced AI applications seamlessly.
This $9 million investment will enable Radian Arc to expand its global reach, enhance its IaaS platform, and continue developing its cloud-based solutions. Plus, Radian Arc’s strategic focus on partnering with Telcos positions it at the forefront of the convergence between gaming, AI, and telecommunications. This strategic alignment positions Radian Arc to capitalize on the exponential growth of this market in the years to come.
KEY QUOTES:
“We are thrilled to have the support of such esteemed investors who share our vision for the future of cloud gaming and AI. This funding round will accelerate our mission to revolutionize the way Telcos leverage cloud infrastructure to provide cutting-edge services to their customers.”
- David Cook, CEO of Radian Arc
“Radian Arc’s technology has the potential to redefine the cloud gaming and AI landscape. We believe Radian Arc’s impressive tech stack, ecosystem of industry leading strategic partners, and marquee management team position them strongly to be dominant in one of the most powerful platform shifts in gaming.”
- Jonathan Huang, Principal at BITKRAFT Ventures
