{"id":92212,"date":"2026-10-12T06:06:46","date_gmt":"2026-10-12T10:06:46","guid":{"rendered":"https:\/\/hedgeco.net\/news\/10\/2026\/oxide-computer-raised-a-445-million-series-d-led-by-eclipse-after-reaching-profitability.html"},"modified":"2026-10-12T06:06:46","modified_gmt":"2026-10-12T10:06:46","slug":"oxide-computer-raised-a-445-million-series-d-led-by-eclipse-after-reaching-profitability","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2026\/oxide-computer-raised-a-445-million-series-d-led-by-eclipse-after-reaching-profitability.html","title":{"rendered":"Oxide Computer Raised a $445 Million Series D Led by Eclipse After Reaching Profitability:"},"content":{"rendered":"

\"Oxide<\/p>\n

HedgeCo.Net \u2014 Oxide Computer Company, the Emeryville, California-based maker of rack-scale on-premises cloud systems, has raised a $445 million Series D led by Eclipse. Existing investors US Innovative Technology Fund, Riot Ventures and Jane Street participated, and Atreides Management and AMD Ventures joined as new investors.<\/p>\n

The company said it reached profitability earlier this year, an unusual milestone for a fast-growing hardware business. In a blog post, the founders said Oxide paid income tax in the spring from ordinary operations and has a very large order backlog. Because a hardware company must commit cash to components and manufacturing well before systems ship, the new capital is intended mainly as working capital to secure components, expand manufacturing and fulfill orders.<\/p>\n

Chief executive Steve Tuck said Oxide has scaled manufacturing capacity 20 times over the past 12 months and that demand still exceeds supply. The company attributes the growth to agentic AI workloads, which it says are increasing demand for full-stack systems that enterprises can own and control rather than rent from hyperscale cloud providers.<\/p>\n

AMD Ventures described its investment as strategic, building on a hardware and software relationship that includes Oxide’s early bet on AMD EPYC processors. Oxide’s customers include financial services firms, government agencies, national laboratories and aerospace organizations.<\/p>\n

The round is a reminder that the AI infrastructure trade is broadening beyond GPUs and hyperscale data centers. Investors including Jane Street and Atreides are backing a model in which enterprises bring cloud-style computing in-house, and a profitable company raising to fund backlog presents a very different risk profile than a pre-revenue hardware bet.<\/p>\n","protected":false},"excerpt":{"rendered":"

HedgeCo.Net \u2014 Oxide Computer Company, the Emeryville, California-based maker of rack-scale on-premises cloud systems, has raised a $445 million Series D led by Eclipse. Existing in\u2026 Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":92211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16286],"tags":[16779,16776,16591,16775,16777,16778,16774,16512],"class_list":["post-92212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture-capital","tag-ai-infrastructure-2","tag-amd-ventures","tag-atreides-management","tag-eclipse","tag-jane-street","tag-on-premises-cloud","tag-oxide-computer-company","tag-series-d"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=92212"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/92211"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=92212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=92212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=92212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}