Radian Arc closes Series A funding led by CPS Capital, joined by AMD Ventures, TEC

Cloud infrastructure provider Radian Arc said it closed its Series A funding. The round was led by CPS Capital Group, an Australian small-cap stockbroker and corporate advisory firm, with participation from AMD Ventures and TEC. The investment will expand cloud gaming and edge computing technologies globally, offering a platform to the economics and performance of metaverse and XR applications, the company said.
Radian Arc will accelerate GPU edge data centre products for network operators through a combination of AMD Radeon GPUs and EPYC CPUs, enabling networks of efficient edge data centres that deliver both robust computing power and reliable connectivity. The partnership with TEC adds new opportunities for connection with other cloud gaming applications, expanding Radian Arc’s telecommunications networks pipeline while driving deployment of GPU edge infrastructure and retail bundles for cloud gaming services.
Radian Arc have already signed deals with 32 different telecommunications providers, developing the framework for cloud gaming in established and emerging markets internationally. In companion, the company is building the industry’s strongest ecosystem of partnered applications, including game streaming service Blacknut, cloud PC companies Loudplay and OnePlay, and esports platform Todosgamers.

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