Hammerspace Hammers Home $100 Million Investment

<p><strong>SAN MATEO<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;http&percnt;3A&percnt;2F&percnt;2Fwww&period;hammerspace&period;com&amp&semi;esheet&equals;54238585&amp&semi;newsitemid&equals;20250416060130&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Hammerspace&amp&semi;index&equals;1&amp&semi;md5&equals;ef6da666842119518bc7991c65485996" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Hammerspace<&sol;a>&comma; a high-performance Data Platform for AI&comma; announced that several strategic venture investors have invested &dollar;100 million in new strategic growth capital&period;<&sol;p>&NewLine;<p>Altimeter Capital and ARK Invest are among the investors&period; The remainder of the funding round was filled out by a combination of new and existing investors&period;<&sol;p>&NewLine;<p>Data performance has evolved from a competitive edge to a requirement in the race to scale AI infrastructure&period; Hammerspace delivers that edge across every dimension of unstructured data&colon; storage&comma; access&comma; movement&comma; and deployment&period; Whether training thousands of GPUs on-premises or in the cloud&comma; deploying large-scale inference or maximizing NVMe performance in local GPU servers&comma; Hammerspace is purpose-built to unleash data performance at scale&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;AI isn’t waiting&period; The race isn’t just about raw throughput—it’s about how fast you can deploy&comma; move data and put your infrastructure to work&period; Every delay is unrealized potential and wasted investment&comma;” said David Flynn&comma; Hammerspace Founder and CEO&period; &OpenCurlyDoubleQuote;We built Hammerspace to eliminate friction&comma; compress time-to-results and significantly increase GPU utilization&period; That’s how our customers win&period;”<b><&sol;b><&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;altimeter&period;com&percnt;2Fhome&amp&semi;esheet&equals;54238585&amp&semi;newsitemid&equals;20250416060130&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Altimeter&plus;Capital&amp&semi;index&equals;2&amp&semi;md5&equals;2f7d8ec1d99965c8e7ae76127f11be62" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Altimeter Capital<&sol;a>&comma; which identified industry shifts early with investments in Meta&comma; MongoDB&comma; NVIDIA&comma; Snowflake and Uber&comma; led the Series B round&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Hammerspace understands that AI is only as powerful as the data it can reach&comma;” said Jamin Ball&comma; Partner at Altimeter Capital&period; &OpenCurlyDoubleQuote;Its architecture removes the bottlenecks that are starving today’s most advanced compute environments&period;”<&sol;p>&NewLine;