Oxide Computer Co., a startup focused on modern, cloud-inspired data center infrastructure, has raised $200 million in a new funding round.
The round was led by the U.S. Innovative Technology Fund and comes less than a year after Oxide secured $100 million in its Series B funding.
Founded in 2019, Oxide builds data center systems designed for enterprises that want the simplicity and flexibility of public cloud services, while still maintaining the control, security, and cost benefits of running infrastructure on their own premises.
The company positions its technology as an alternative to fully relying on large public cloud providers.
Oxide’s flagship offering is the Oxide Cloud Computer, a large, fully integrated rack system weighing over one ton. It combines servers, storage, and networking hardware with Oxide’s own operating system, called Helios, to deliver a private cloud-like experience within a company’s data center.
Each Oxide Cloud Computer can house up to 64 servers in a single rack. Every server is powered by a high-performance AMD processor, large amounts of memory, and significant flash storage.
One of the key benefits is ease of use: the system can be installed and made operational in about two hours. Once running, developers can deploy and manage workloads using software interfaces similar to those used in public cloud environments.
Oxide has built many parts of the system internally, including custom hardware components that manage power and system operations. By simplifying these components, the company aims to improve reliability and reduce security risks.
The servers are connected through intelligent networking hardware that can automatically reroute traffic if a connection becomes congested or fails, helping maintain performance and uptime. Built-in firewall features also help block potentially malicious network traffic.
Another standout feature is automatic recovery. If a server fails or shuts down, Helios can move workloads to another server automatically, minimizing disruption.
Oxide co-founder and CEO Steve Tuck said the new funding will help the company scale operations, meet rising demand for what he calls “cloud ownership,” and accelerate product development as more enterprises look for alternatives to traditional cloud models.