OXIDE COMPUTER COMPANY SECURES $445M SERIES D FUNDING ROUND

Summary from the TLDR Hardware newsletter

Who's building on-prem compute in 2026? It turns out a lot of people! Oxide Computer Company, which builds custom on-prem cloud compute systems, has closed a massive $445 million Series D funding round led by Eclipse, with participation from major investors including Jane Street, Atreides Management, and chipmaker AMD. The capital injection follows the startup achieving operational profitability and will be used to scale manufacturing capacity, secure raw material inventory, and fulfill a rapidly expanding order backlog for their commercial cloud computer racks.