Oxide Computer, which helps companies build their own clouds, raised a $445M Series D led by Eclipse at a $6B valuation, taking its total funding to ~$835M

The cost to deploy private clouds at scale may decrease significantly for businesses.

Oxide Computer announced on October 9th that it raised $445 million in a Series D funding round, led by Eclipse Ventures, at a valuation of $6 billion. This latest funding brings the company's total capital raised to approximately $835 million. The funds are intended to support Oxide Computer through the significant expenses involved in the gap between receiving orders for its rack-scale computer systems and the actual delivery of these products. A filing with the U.S. Securities and Exchange Commission (SEC) on Form D confirms the sale of $444,999,052 in equity, with the initial sale date recorded as July 20th, 2026.

This substantial funding round indicates strong investor confidence in Oxide Computer's mission to enable companies to build and operate their own private clouds, challenging the dominance of hyperscale public cloud providers. The valuation suggests a significant market opportunity for on-premises cloud infrastructure solutions, particularly for organizations prioritizing data sovereignty, security, and cost control.

The capital infusion will likely accelerate Oxide Computer's product development and manufacturing capabilities, aiming to bridge the operational gap between order fulfillment and delivery. This move could set a new precedent for infrastructure-as-a-service providers seeking to offer more customizable and integrated hardware and software solutions directly to enterprises.