Oxide Computer Raises $445M Series D Led by Eclipse at $6B as Enterprises Flee Hyperscalers
Summary
Rack-scale server maker Oxide Computer announced a $445M Series D led by Eclipse at a $6B valuation, bringing total funding to roughly $835M. Existing backers USIT, Riot Ventures and Jane Street rolled their stakes; new investors Atreides Management and AMD Ventures joined. Oxide — pitched as a full-stack private-cloud alternative to AWS/Azure/GCP for AI workloads — says it generated taxable income in spring 2026, and will spend the round on components and manufacturing to clear backlog.
Originally reported by axios.com
Read the original article →Original headline: Oxide Computer Raises $445M Series D Led by Eclipse at $6B as Enterprises Flee Hyperscalers