Fundz

Hammerspace Raises $56.7M In First Institutional Funding; Unlocks Business Opportunities Hidden In Unstructured Data

PRIVATEJul 18, 2023

Amount Raised

$56.7 Million

Round Type

Funding Round

San MateoInformation TechnologySoftwareArtificial IntelligenceSaasEnterprise SoftwareAnalyticsMachine LearningData CenterBig Data

Investors

Molly PresleyArk InvestPier 88 VenturesProsperity7 Ventures

Description

Hammerspace, the company orchestrating the Next Data Cycle for enterprises, today announced $56.7 million in funding in its first round of institutional investment. Hammerspace launched in 2018 with the vision of making all enterprise data globally accessible, useful and indispensable, sparking the next level of business innovations. The funding round, led by Prosperity7 Ventures, also includes Pier 88 Ventures, ARK Invest, and others.

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.

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Hammerspace raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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