Hammerspace: $100 Million Raised For Data Platform For AI

By Amit Chowdhry • Yesterday at 4:24 PM

Hammerspace, a high-performance Data Platform for AI, announced that several strategic venture investors have invested $100 million in new strategic growth capital in Hammerspace. The rest of the funding round was completed by a combination of new and existing investors.

Altimeter Capital, ARK Invest, and other hand-selected strategic investors are participating in the opportunity to drive the next era of AI infrastructure. And these partners bring strategic insight, deep sector experience, and an active commitment to our long-term success.

Data performance has transformed from a competitive edge to a race to scale AI infrastructure requirement. And Hammerspace delivers that edge across every dimension of unstructured data: storage, access, movement, and deployment. Whether training thousands of GPUs on-premises or in the cloud, deploying large-scale inference or maximizing NVMe performance in local GPU servers, Hammerspace is built to unleash data performance at scale.

Global technology leaders, including Hitachi Vantara, are building solutions on Hammerspace’s software for customers like Meta, the U.S. Department of Defense, the National Science Foundation, and major life sciences organizations. These deployments demonstrate a new standard in performance across hybrid, multi-cloud, and edge environments without complexity or vendor lock-in.

Hammerspace provides organizations a Linux-native, standards-based, parallel file system and object store that delivers unmatched performance across file and object protocols using standard Ethernet or high-speed interconnects like InfiniBand. And the platform uniquely overcomes data gravity by combining instant data-in-place assimilation from other sources with high-speed movement across hybrid environments – all delivering peak performance everywhere.

What the funding will be used for: With this funding, Hammerspace will accelerate global expansion and deepen its position as the performance platform of record for AI, HPC, and hybrid cloud environments.

KEY QUOTES:

“AI isn’t waiting. The race isn’t just about raw throughput—it’s about how fast you can deploy, move data and put your infrastructure to work. Every delay is unrealized potential and wasted investment. We built Hammerspace to eliminate friction, compress time-to-results and significantly increase GPU utilization. That’s how our customers win.”

“Performance has always been the starting point, but how you deliver it at scale is what separates the next generation of platforms from legacy infrastructure. Everything we’ve built—from the metadata engine to deployment architecture to protocol support—maximizes performance in any environment.”

“We didn’t build orchestration for the sake of it. We orchestrate data to the GPU faster regardless of where it is physically stored. We instantly assimilate data from third-party storage so it’s ready to process faster. We deploy and scale easily and quickly so our customers can achieve their business outcomes faster. We are the only AI data platform that enables Tier 0, providing the absolute fastest performance for AI workloads, bar none. Hammerspace uniquely approaches performance holistically from time to first token through the entire model’s response. It is a game-changer for our customers and the industry.”

– David Flynn, Hammerspace Founder and CEO

“Hammerspace understands that AI is only as powerful as the data it can reach. Its architecture removes the bottlenecks that are starving today’s most advanced compute environments.”

– Jamin Ball, Partner at Altimeter Capital