Hammerspace, an unstructured data wrangler used by Nvidia, Meta and Tesla, raises $100M at $500M+ valuation

Hammerspace, an unstructured data wrangler used by Nvidia, Meta and Tesla, raises $100M at $500M+ valuation

Artificial intelligence services at their heart are massive data plays: you need data — a lot of it — to build the models, and then the models need

Hammerspace Raises $100 million Funding

Hammerspace, Inc. announced that several strategic venture investors, who were early backers of transformative companies like NVIDIA, Meta, Palantir, SpaceX and Tesla, have invested $100 million in new strategic growth capital in Hammerspace. This is not a typical venture round. Altimeter Capital, ARK Invest, and other hand-selected strategic investors are participating not just for returns […] The post Hammerspace Raises $100 million Funding ap…

Hammerspace Raises $100 Million And Targets Faster AI Data Access Worldwide - SuperbCrew

Hammerspace secures $100 million in funding to accelerate its global expansion and enhance data orchestration for AI workloads. The company focuses on reducing delays in data movement and improving GPU utilization through its Global Data Environment. Strategic investors support its approach to unifying enterprise data access amid a competitive and rapidly evolving AI infrastructure market. Inside the Funding Surge: Why Hammerspace Draws $100M in…

AI Data Platform Hammerspace Raises $100M

AI data platform company Hammerspace announced that several venture investors have invested $100 million in growth capital in the company. Altimeter Capital, which inveted in Meta, MongoDB, NVIDIA, Snowflake and Uber, led the Series B round.

Hammerspace Raises $100M In Funding

Hammerspace, a San Mateo, CA-based provider of a data platform for AI, raised $100M in funding. Backers included Altimeter Capital and ARK Invest. The company intends to use the funds to accelerate global expansion and consolidate its market position. Founded by CEO David Flynn, Hammerspace gives organizations a Linux-native, standards-based, parallel file system and object […] The post Hammerspace Raises $100M In Funding appeared first on FinSM…

Hammerspace secures $100M to chase AI-driven data growth – Blocks and Files

Data orchestrator Hammerspace has ingested $100 million in funding to accelerate its global expansion. Up until two years ago, Hammerspace, founded in 2018, was financed by founder and CEO David Flynn along with cash from a group of high net worth individuals, and long-term investing sources. It raised $56.7 million in an A-round in 2023, […]