Oxide Computer

Rack-scale cloud computers for on-premises use

Raised to date

$698.2M

of $755M offered across 3 Form D filings

Still open: $56.8M
Investors: 15
Last filed: Aug 4, 2026

About

Oxide Computer Company designs and manufactures the Oxide Cloud Computer, a rack-scale system that integrates compute, storage, networking and software into a single unit for on-premises deployment. The hardware is purpose-built and the software stack, including firmware, is open source, giving customers a cloud-style API, console and CLI on infrastructure they own. It was founded in 2019 by Steve Tuck and Jessie Frazelle and is based in Emeryville, California. The company has raised roughly $378M across four rounds, most recently a $200M Series C led by Thomas Tull's US Innovative Technology Fund with participation from Eclipse, Riot Ventures and Jane Street.

A single vendor ships the whole rack -- boards, power, networking switch, firmware and control plane -- as one integrated, open-source product, so customers get a public-cloud developer experience on hardware they own, with no egress fees, no per-socket hypervisor licensing and a hardware root of trust.

Funding

Now

$110M

$200M

$445M equity round, first sold Jul 2026$445M soldJul 2025OctJan 2026AprJul

$445M round, first sold Jul 2026$445M soldJul 2025Jan 2026Jul

Now

Form D filings
Filed	Security	Sold of offered	Filing
Aug 4, 2026	Equity	$445M/ $445M	Form D
Jan 7, 2026	Equity	$184M/ $200M	Form D
Jul 17, 2025	Equity	$69.2M/ $110M	Form D

EquityFiled Aug 4, 2026Form D
$445M/ $445M
EquityFiled Jan 7, 2026Form D
$184M/ $200M
EquityFiled Jul 17, 2025Form D
$69.2M/ $110M

Product

Oxide Cloud Computer

Integrated rack-scale cloud infrastructure

A rack-scale integrated cloud computer combining AMD EPYC compute sleds, NVMe block storage, a P4-programmable network switch and an open-source control plane, delivered as a single system that initializes in roughly two hours.

Elastic compute: on-demand virtual machines and Kubernetes orchestration on AMD EPYC processors
Elastic networking: isolated virtual private clouds with P4 programmable switching
Elastic storage: NVMe block storage with triple-mirror data protection
Web console, CLI and API for infrastructure management, including Terraform support
Hardware root of trust with open-source firmware and cryptographic isolation
Power and cooling efficiency: 12x cooling efficiency and about 55% less total power draw

Built for

Enterprises and public-sector organizations running significant on-premises workloads -- financial services, technology and AI inference, life sciences and HPC -- including teams looking for a VMware alternative

People on file

Named on Form D filings

Steven TuckPresident, Form D signerForm D signer Scott OrnExecutive Officer Gaetano CrupiDirector Bryan CantrillExecutive Officer, Director Seth WinterrothDirector