Oxide Computer raises $445M to step up data center rack production
Data center hardware startup Oxide Computer Inc. today announced that it has raised $445 million in funding. Returning backer Eclipse Capital led the Series D round. It was joined by AMD Ventures, Riot Ventures, Jane Street, Atreides Management and USIT, which led Oxide’s previous $200 million raise in February. Oxide sells a data center rack […] The post Oxide Computer raises $445M to step up…
Data center hardware startup Oxide Computer Inc. has raised $445 million in funding, led by returning investor Eclipse Capital. The Series D round also saw participation from AMD Ventures, Riot Ventures, Jane Street, Atreides Management, and USIT, which led Oxide’s previous $200 million raise in February. Oxide's flagship product is a data center rack that integrates computing, storage, and network equipment into pre-integrated modules called "sleds."
Each sled can host a central processing unit with up to 144 cores from Advanced Micro Devices Inc. and provides up to 1.64 terabytes of memory and 300 terabytes of flash storage. The sleds are interconnected by switches that use a custom routing protocol to maintain an updated network map, ensuring optimal performance and avoiding slowdowns.
The storage equipment within the rack also incorporates redundancy measures, storing three copies of each record across different flash modules. Oxide's racks are powered by two power shelves, each containing six rectifiers that adjust the incoming voltage for the chips. The company is scaling up its manufacturing capacity by 20 times over the past year to meet the growing demand for its racks, as noted by co-founder and CEO Steve Tuck.
The funding will enable Oxide to invest in materials and manufacturing scale, as well as enhance its rack design by introducing support for graphics cards. The company has also hinted at potential partnerships with AMD for this initiative.
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