Hammerspace Raises $100M to Accelerate AI Data Platform Expansion

Hammerspace helps enterprises overcome data gravity and unlock full performance for AI workloads.

Hammerspace Raises $100M to Accelerate AI Data Platform Expansion
Source: Hammerspace

Company Name: Hammerspace
Location: San Mateo, CA
Industry: AI Infrastructure

Funding Details:

  • Amount: $100M
  • Investors:
    • Lead: Altimeter Capital
    • Participants: ARK Invest

Purpose of Investment:

  • Accelerate global expansion
  • Consolidate market position in AI data infrastructure

Leadership:

Product:
Hammerspace provides a Linux-native, standards-based parallel file system and object store, designed to deliver high-performance data access across file and object protocols using both standard Ethernet and high-speed interconnects like InfiniBand.

Key features include:

  • Data-in-place assimilation from hybrid environments, eliminating data silos
  • High GPU utilization by optimizing data delivery to compute
  • Improved researcher and developer productivity through seamless access to distributed datasets

About Company:
Hammerspace helps enterprises overcome data gravity and unlock full performance for AI workloads. By enabling instant access to data across hybrid environments, the platform ensures AI models can access the right data, at the right time, no matter where it lives. With $100M in new funding, the company is scaling to meet surging global demand for intelligent data orchestration in the AI era.

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