Hammerspace raises $100M in funding, backed by Altimeter Capital and ARK Invest. The company aims to accelerate global expansion and consolidate its market position.
PRIVATEApr 16, 2025
Amount Raised
$100 Million
Round Type
Funding Round
San MateoInformation TechnologySoftwareArtificial IntelligenceSaasEnterprise SoftwareAnalyticsMachine LearningData CenterBig Data
Investors
Ark InvestAltimeter Capital
Description
Hammerspace, a San Mateo, CA-based provider of a data platform for AI, raised $100M in funding. Backers included Altimeter Capital and ARK Invest. The company intends to use the funds to accelerate global expansion and consolidate its market position. Founded by CEO David Flynn, Hammerspace offers a Linux-native, standards-based, parallel file system and object store.
Company Information
Company
Hammerspace
Location
San Mateo, California, United States
About
Hammerspace is radically changing how unstructured data is used and preserved. Our Global Data Platform unifies unstructured data across edge, data centers, and clouds. It provides extreme parallel performance for AI, GPUs, and high-speed data analytics, and orchestrates data to any location and any storage system. This approach creates a Global Data Platform that eliminates data silos and makes data an instantly accessible resource for users, applications, and compute clusters, no matter where they are located.
Fundz sees it the moment Hammerspace raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
San MateoInformation TechnologySoftwareArtificial IntelligenceSaasEnterprise SoftwareAnalyticsMachine LearningData CenterBig Data