Oxide

On-prem that feels like the public cloud

Emeryville, United States · Founded 2019 · $983.0M raised

Employees
51–200
Founded
2019
Business Model
B2B
Total Funding
$983.0M
Last Round
$445.0M Series DAug 2026
Rounds
5

About

Oxide Computer Company builds fully integrated on-premises cloud computers that combine compute, storage, networking, and software in a single rack-scale system. Designed for enterprises that need cloud-like developer velocity with on-prem governance, Oxide's platform features AMD EPYC processors, elastic VMs, NVMe storage, programmable networking, and a unified API/CLI/console interface. Unlike traditional on-prem solutions requiring 8+ vendors, or public cloud with unpredictable costs and data residency concerns, Oxide delivers a single-vendor, one-time purchase system that sets up in hours. The company targets financial services, life sciences, defense/sovereign cloud, CI/CD, and AI/HPC workloads. Founded in 2019 by Bryan Cantrill (CTO), Jessie Frazelle (CPO), and Steve Tuck (CEO).

Summary

Oxide is a Developer Tools company based in Emeryville, United States, founded in 2019. It has raised $983.0M in total across 5 rounds, most recently a $445.0M Series D round in Aug 2026. Investors include Eclipse, Thomas Tull and U.S. Innovative Technology Fund.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Series DSeries DAug 2026
$445.0M

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Series A through Series D — per-round amounts, valuations, and who invested in each round.

Investors

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