Our $100M Series B (oxide.computer)

Article summary

Oxide has raised $100M in Series B funding, led by USIT, to further develop its on-premises cloud computing platform. The company aims to provide a reliable and modern alternative to traditional cloud services. Oxide's platform is designed to be scalable, secure, and easy to use, with a focus on customer needs. The funding will help the company address customer questions around scale and roadmap scope.

Main themes

• Cloud Computing
• On-Premises Infrastructure
• Funding and Investment
• Market Trends
• Technical Innovation
• Company Growth

What commenters say

• Oxide's target audience is companies that want to move away from cloud services or have specific needs that aren't met by traditional cloud providers.
• The company's focus on transparency, open-source principles, and customer-centric design sets it apart from larger corporations.
• Some commenters are concerned about the potential for vendor lock-in with Oxide's platform, while others see it as a necessary step towards creating a reliable and secure on-premises solution.
• The comparison between Oxide and Oracle is misleading, as Oxide's approach is more similar to Sun Microsystems' focus on vertically integrated systems.
• Oxide's unique approach to compensation, where all employees are paid the same salary, is seen as a refreshing change from traditional startup models.
• The market for on-premises cloud computing is significant, with many companies still relying on non-cloud infrastructure and others looking to move away from cloud services due to cost or security concerns.
• The rise of GPUs and other specialized hardware may pose a challenge for Oxide's adoption, as companies may be distracted by other emerging technologies.