GMI Cloud has raised USD $82 million in Series A funding to expand its cloud infrastructure and open a new data centre in the United States.
GMI Cloud, based in Silicon Valley, has confirmed that it has secured USD $15 million in equity funding along with USD $67 million in debt financing. This funding round was led by Headline Asia and included notable strategic investments from Banpu Next and Wistron Corporation.
The injection of capital aims to bolster GMI Cloud's position in the market and fund the development of a new data centre in Colorado. The company's focus is on offering advanced GPU-based solutions, supported by NVIDIA accelerated computing technologies, to meet the increasing demand for AI infrastructure globally.
Alex Yeh, Founder and CEO of GMI Cloud, stated, "We're at a launching point in our company's journey. We've seen the wide array of struggles for start-ups and large enterprises seeking to implement AI strategies. This funding empowers us to enhance the performance, security, and accessibility of our platform, helping businesses around the world scale even the most demanding AI workloads with confidence and efficiency."
The new Colorado data centre will play an integral role in establishing GMI Cloud's infrastructure within North America, facilitating the rapid deployment of GPU resources in line with the growing demand for AI and machine learning applications globally.
Akio Tanaka, Founding Partner at Headline Asia, commented on the funding round, saying, "GMI Cloud's ability to rapidly deploy infrastructure to provide GPU accessibility in today's demanding market perfectly embodies our 'Go Global' approach. With his unique experience and relationships in the market, Alex truly understands how to scale AI infrastructure operations, making his company's potential for growth limitless."
GMI Cloud is leveraging its experience and collaborations with leading original equipment manufacturers to accelerate the deployment process and reduce lead times for GPU access. The company has been positioned to support the scaling of AI and data strategies for businesses across numerous sectors.
As a member of the NVIDIA Partner Network, GMI Cloud utilises NVIDIA's advanced computing platforms, offering businesses reinforced infrastructure for AI-driven projects. This strengthens the company's capacity to provide tailored solutions for the modern enterprise.
GMI Cloud continues to focus on delivering reliable, high-performance solutions through its proprietary Cluster Engine, designed for optimised resource management and orchestration. The company's strategic decisions reflect a commitment to meeting the complex needs of companies navigating the challenges of scaling artificial intelligence initiatives.
