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Radian Palace has raised a new round of funding to build cloud infrastructure like cloud gaming for telecom and cable companies.
CPS Capital Group, Australia’s largest small-cap brokerage and corporate advisory firm, led the round with participation from Advanced Micro Devices and seed fund TEC.
This investment will help expand the company’s edge computing and cloud gaming technologies globally, delivering a solution to the economics and performance of metaverse and XR applications.
David Cook, CEO of Radian Arc, in an interview with GamesBeat. “We provide infrastructure as a service. We actually own the servers and we put them there. And then what we do is give them a set of apps that can run on those servers.”
Radian Arc essentially works like Akamai, a content delivery network (CDN) that sets up broadband services around the world to make it easier to send video or game data to consumers. But in this case, Radian Arc places AMD Radeon graphics processing units (GPUs) at the edge of the network to enable cloud services like cloud gaming or cloud desktops. This helps telecommunications and cable companies deliver new services to their users over older networks.
Cook said the company tries to recreate the console experience on whatever device consumers are using.
“This funding round is a confirmation of Radian Arc’s progress in enabling cloud gaming solutions through 5G networks,” Cook said. “Investment from trusted industry leaders like AMD and TEC is proof that, with the right partners, we are poised to lead the way in delivering high-quality cloud gaming. low latency, low cost and high performance for many network operators around the world.”
Radian Arc will accelerate GPU edge data center solutions for network operators through a combination of central processing units (CPUs), GPUs and AMD software, enabling central networks to Efficient edge data delivers both powerful computing power and reliable connectivity.
The partnership with TEC adds new opportunities to connect with other leading cloud gaming applications, expands Radian Arc’s telecommunications network, and accelerates deployment of GPU edge infrastructure and retail packages for cloud gaming services.
When selling to telecom companies, Cook said his team spends most of their time talking about the economy.
“The technology is pretty easy to prove to be true and work or not,” Cook said. “It’s an economic problem that we’re really spending most of our time dealing with. And for us and how we approach that, and this is part of the reason why we really value the relationship with AMD.”
The company has a program to finance the hardware so that it doesn’t have to pay various costs.
Radian Arc has signed agreements with 40 different telecom service providers, developing frameworks for cloud gaming in established and emerging markets worldwide. The company says it’s building an ecosystem of partnered apps, including game streaming service Blacknut, cloud PC companies Loudplay and OnePlay, and an e-sports platform Death Todosgamers.
These add-on applications optimize game delivery with the fastest start times and lowest latency for consumers. And so technology helps telecom companies enter new markets, Cook said.
Radian Arc was founded in 2020 and is headquartered in Perth, Australia. It has 15 people.
In addition to cloud gaming, the company is adding applications such as desktop services, where it can stream heavy applications to light hardware. The company works with telecom companies to make them available to gamers and other consumers.
“We definitely want to be able to help them come up with marketing plans and engagement strategies to really be able to reach and sell cloud games to their customer base,” Cook said.
Cook said it doesn’t matter which network configuration the traffic goes through, whether it’s a fiber network or a 5G service. The solution is optimized for customers to get GPU capabilities as close to home broadband as possible.
Cook also aspires to provide networking services that can deliver a metaverse experience to companies. He sees a lot of opportunity in places like Southeast Asia.
“We are starting with cloud gaming, then moving to the metaverse and other apps,” Cook said. “You can see that this is a very effective use case.”
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