SAN MATEO, Calif. – April 16, 2025 – AI information platform firm Hammerspace introduced that a number of enterprise traders have invested $100 million in progress capital within the firm.
Altimeter Capital, which inveted in Meta, MongoDB, NVIDIA, Snowflake and Uber, led the Sequence B spherical.
ARK Make investments, led by Cathie Wooden, joined the spherical by means of its ARK Venture Fund. Recognized for its conviction-based investing in disruptive expertise corporations—together with early bets on Tesla, NVIDIA and Palantir—ARK sees Hammerspace as foundational to the efficiency infrastructure AI calls for, in keeping with Hammerspace.
The rest of the funding spherical was stuffed out by a mixture of latest and current traders.
Hammerspace stated information efficiency has advanced from a aggressive edge to a requirement within the race to scale AI infrastructure. Hammerspace delivers that edge throughout each dimension of unstructured information: storage, entry, motion, and deployment. Whether or not coaching hundreds of GPUs on-premises or within the cloud, deploying large-scale inference or maximizing NVMe efficiency in native GPU servers, Hammerspace is purpose-built to unleash information efficiency at scale.
“AI isn’t ready. The race isn’t nearly uncooked throughput—it’s about how briskly you possibly can deploy, transfer information and put your infrastructure to work. Each delay is unrealized potential and wasted funding,” stated David Flynn, Hammerspace Founder and CEO. “We constructed Hammerspace to eradicate friction, compress time-to-results and considerably improve GPU utilization. That’s how our prospects win.”
“Hammerspace understands that AI is just as highly effective as the info it might attain,” stated Jamin Ball, Companion at Altimeter Capital. “Its structure removes the bottlenecks which can be ravenous at present’s most superior compute environments.”
Early traders recognized Hammerspace as a disruptive power in information infrastructure effectively earlier than AI workloads reshaped enterprise, hyperscaler and cloud priorities. With demand for high-speed, scalable entry to information now surging, current supporters proceed to put money into Hammerspace to assist its enlargement right into a fast-growing market.
World expertise leaders, together with Hitachi Vantara (a subsidiary of Hitachi Ltd., HTHIY) and Supermicro (SMCI), are constructing options on Hammerspace’s software program for purchasers like Meta, the U.S. Division of Protection, the Nationwide Science Basis, and main life sciences organizations. These deployments exhibit a brand new normal in efficiency throughout hybrid, multi-cloud, and edge environments—with out complexity or vendor lock-in.
Hammerspace provides organizations a Linux-native, standards-based, parallel file system and object retailer that delivers unmatched efficiency throughout file and object protocols utilizing normal Ethernet or high-speed interconnects like InfiniBand. The platform uniquely overcomes information gravity by combining on the spot data-in-place assimilation from different sources with high-speed motion throughout hybrid environments – all within the service of delivering peak efficiency in all places.
“Efficiency has all the time been the place to begin, however the way you ship it at scale is what separates the subsequent era of platforms from legacy infrastructure,” continued Flynn. “All the things we’ve constructed—from the metadata engine to deployment structure to protocol assist—maximizes efficiency in any setting.”
Hammerspacesaid it stands aside as the primary platform constructed completely across the efficiency wants of recent computing. From unmatched GPU throughput to on the spot entry throughout file and object information to deployment time measured in minutes—not weeks—each functionality of the platform is designed to take away bottlenecks, maximize pace and ship scale.
“We didn’t construct orchestration for the sake of it,” Flynn stated. “We orchestrate information to the GPU quicker no matter the place it’s bodily saved. We immediately assimilate information from third-party storage so it’s able to course of quicker. We deploy and scale simply and rapidly so our prospects can obtain their enterprise outcomes quicker. We’re the one AI information platform that permits Tier 0, offering absolutely the quickest efficiency for AI workloads, bar none. Hammerspace uniquely approaches efficiency holistically from time to first token by means of your entire mannequin’s response. It’s a game-changer for our prospects and the business.”
With this newest funding, Hammerspace will speed up international enlargement and deepen its place because the efficiency platform of document for AI, HPC and hybrid cloud environments.
