Key Takeaways
- • Oxide Computer Company, an on-premises cloud computing company based in Emeryville, California, raised a $445 million Series D round, according to Massinvestor.
- • Eclipse led the round, which also drew participation from existing investors US Innovative Technology Fund (USIT), Riot Ventures, and Jane Street.
- • Atreides Management and AMD Ventures are new investors in the round, with AMD Ventures' participation signaling strategic interest from the semiconductor sector.
- • The financing reflects continued institutional appetite for on-premises cloud infrastructure, a niche positioned as an alternative to public hosted cloud platforms.
Summary
Oxide Computer Company, an on-premises cloud computing company headquartered in Emeryville, California, has raised a $445 million Series D financing, according to Massinvestor. The round was led by Eclipse, with participation from existing backers US Innovative Technology Fund (USIT), Riot Ventures, and Jane Street. The announcement also named two new investors, Atreides Management and AMD Ventures, which joined the round.
The participation of AMD Ventures, the corporate venture arm of Advanced Micro Devices, is notable given Oxide's focus on purpose-built on-premises cloud infrastructure. The inclusion of Jane Street and Atreides Management, both sophisticated institutional investors, further underscores investor interest in the company's hardware-software approach to private cloud deployments.
The primary source does not disclose the company's valuation, revenue, customer count, or the intended use of proceeds, and those details were not available in the materials reviewed. Readers seeking those metrics should refer to the company's filings or subsequent coverage.
The participation of AMD Ventures, the corporate venture arm of Advanced Micro Devices, is notable given Oxide's focus on purpose-built on-premises cloud infrastructure. The inclusion of Jane Street and Atreides Management, both sophisticated institutional investors, further underscores investor interest in the company's hardware-software approach to private cloud deployments.
The primary source does not disclose the company's valuation, revenue, customer count, or the intended use of proceeds, and those details were not available in the materials reviewed. Readers seeking those metrics should refer to the company's filings or subsequent coverage.
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