Neysa, a Mumbai, India-based AI acceleration cloud system provider, raised $30M in Series A funding.
The round was led by NTTVC, Z47 (fka Matrix Partners India) and Nexus Venture Partners.
The company intends to use the funds to scale its infrastructure and accelerate R&D.
Led by CEO Sharad Sanghi, Neysa democratizes AI adoption with purpose-built platforms and services for AI-native applications and workloads.
The company’s flagship platform, Neysa Velocis, launched in July 2024, which enables on-demand access to high-performance computing infrastructure, is now generally available. The company has secured orders from paying customers across various sectors, including AI-first digital natives, media and entertainment companies, service providers, software vendors, and the public sector.
Other platforms include Neysa Overwatch, and Neysa Aegis, that accelerate AI deployment, optimize network performance, and safeguard AI/ML landscapes.
FinSMEs
23/10/2024