Oxide

Overview

Oxide Computer Company is an innovative on-premises cloud computing company based in Emeryville, California. Founded in 2019 by Bryan Cantrill, Steve Tuck, and Jess Frazelle, Oxide focuses on creating unified hardware and software solutions to deliver hyperscaler-class efficiency. With a total of $156 million raised over several funding rounds, the company’s mission is to provide enterprises with cost-effective and secure infrastructure solutions.

Recent Developments

  • July 2025: Oxide Computer Company raised $100 million in Series B funding. The round was led by US Innovative Technology Fund, with participation from existing investors. The funding will be directed towards scaling manufacturing, expanding customer support, and speeding roadmap delivery (Source).
  • June 2025: In a testament to its rapid growth, Oxide has expanded its client base by deploying its hardware at the CoreSite data center in Silicon Valley and collaborating with national laboratories (Source).
  • November 2024: Oxide announced the successful deployment of its rack-scale computer at Lawrence Livermore National Laboratory, recognizing a significant milestone in its mission to enhance on-premise computing (Source).

Company Information

AttributeInformation
Founding Date2019
HeadquartersEmeryville, California
FoundersSteve Tuck, Bryan Cantrill, Jess Frazelle
Revenue$15.1 million
Key InvestorsEclipse Ventures, US Innovative Technology Fund, Intel Capital, AMD
IndustryOn-premises Cloud Computing
Number of Employees79

Early History

Founded by industry veterans from companies like Sun Microsystems and Joyent, Oxide Computer Company was born out of a need to bring cloud functionality into the on-premises realm. The founders Bryan Cantrill, Steve Tuck, and Jess Frazelle, envisioned an integrated hardware and software solution that could offer businesses a more secure, yet flexible computing option. This vision was rooted in their extensive backgrounds in cloud computing and was quickly operationalized with an initial seed funding round, allowing them to develop their first rack-scale systems.

Company Profile and Achievements

Oxide specializes in combining hardware and software to offer enterprises on-premises cloud solutions that rival those offered by public cloud providers like AWS and Google Cloud. Their server systems eliminate traditional vendor lock-in by offering open-source, customizable solutions. Noteworthy milestones include:

  • Development of Rack Systems: In 2023, the company launched its on-prem cloud computing rack system, which was welcomed as a revolutionary offering in enterprise IT infrastructure.
  • Collaboration with National Labs: Oxide's systems have been chosen for high-performance computing needs at significant national infrastructures, exemplifying their technology’s robustness.
  • Open Source Commitment: A cornerstone of Oxide’s philosophy is its dedication to open-source software, providing transparency and flexibility that resonated well within the tech community.

Current Operations and Market Position

As of 2025, Oxide has firmly positioned itself in the hybrid cloud computing sector, recognized for its unique approach to integrated hardware-software solutions. The company’s technology supports enterprises in securely deploying on-premises servers that deliver cloud-like advantages, including elasticity and developer autonomy, without sacrificing security or incurring high operational costs. Oxide's products are especially appealing to organizations needing stringent control over their IT operations, including federal agencies and financial service providers.

Conclusion

Oxide Computer Company has rapidly ascended to become a formidable player in the on-premises cloud computing landscape. By leveraging its founders’ deep industry insights and prioritizing innovation, Oxide continues to bridge the gap between traditional data center solutions and modern cloud conveniences. The company's future prospects look promising as it continues expanding its offerings and refining its product lineup, aiming to cater to a broader spectrum of industry needs while maintaining a strong commitment to open-source principles.

References

  1. FinSMEs
  2. Reuters
  3. PitchBook
  4. The Daily Chronicle
  5. DataCenter Dynamics
  6. Oxide Blog
  7. TechCrunch
  8. LinkedIn
  9. CB Insights
  10. Crunchbase