Aug, 2025 : Oxide Raises $100M to Expand On-Prem Cloud Infrastructure


Oxide Raises $100M to Expand On-Prem Cloud Infrastructure

📅 - Oxide Computer Company, a firm focused on modernizing on-premises IT infrastructure, has secured $100 million in a Series B funding round led by the US Innovative Technology Fund (USIT), founded by entrepreneur and investor Thomas Tull. The round saw full participation from all existing investors, more than doubling the company's total capital raised to date.

The fresh capital will allow Oxide to scale production, enhance customer support, and accelerate its product development roadmap. The company aims to address rising demand for a modern, integrated alternative to public cloud offerings - particularly among organizations requiring more control, security, and cost efficiency than [...][... Check source for end of article ...]
Tags: Cloud Hosting

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