Oxide Computer Company Raised $44M Series

Oxide Computer Company Raised $44M Series

California-based, Oxide Computer Company, a manufacturer of cloud computers for commercial use raised $44 million led by Eclipse in Series A.

After Series A the total amount raised to $78M. The round was actively backed by Intel Capital, Counterpart Ventures, Rally Ventures, and Riot Ventures.

Oxide Computer $44M Series

Founders Bryan Cantrill and Steve Tuck said in an interview that Oxide Computers will use these funds to increase production for Fortune 1000. Oxide commercial cloud computers are best in class and deliver powerful results. Our rack-scale system helps enterprises to choose the desired hardware suitable for their software.

Moreover, Oxide Computer provides custom built to deliver the best experience for cloud computing to enterprise data centers. With Oxide Computer enterprises will get benefits of cloud ownership.

They can get the same service and experience of the public cloud without paying the extra amount for the public cloud. Oxide Computer also provides additional space for developers to create, run, and debug apps with enhanced security and free of cost.

Also Read: Taalas Raised $50M By Pierre Lamond & Quiet Capital

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