Oxide Raises $445M for Enterprise Owned Cloud Infrastructure


Oxide Raises $445M for Enterprise Owned Cloud Infrastructure

📅 - Oxide Computer Company has raised $445 million to expand production of cloud infrastructure that enterprises can own, as demand outstrips its manufacturing capacity. The Series D, led by Eclipse with participation from AMD Ventures, finances a hardware business confronting a question: how much cloud convenience can companies bring into their own data centers without importing new dependencies?

Buying infrastructure is straightforward enough. Making it behave like a cloud is the expensive part. Enterprises need provisioning, resource allocation, upgrades, fault handling and an operating model that developers will actually use. Otherwise, ownership delivers another equipment inventory and [...][... Check source for end of article ...]
Tags: Cloud Hosting

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