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Hammerspace raises $100M in funding, backed by Altimeter Capital and ARK Invest. The company aims to accelerate global expansion and consolidate its market position.

PRIVATEApr 16, 2025

Amount Raised

$100 Million

Round Type

Funding Round

San MateoInformation TechnologySoftwareArtificial IntelligenceSaaSEnterprise SoftwareAnalyticsMachine LearningData CenterBig Data

Investors

Ark InvestAltimeter Capital

Description

Hammerspace, a San Mateo, CA-based provider of a data platform for AI, raised $100M in funding. Backers included Altimeter Capital and ARK Invest. The company intends to use the funds to accelerate global expansion and consolidate its market position. Founded by CEO David Flynn, Hammerspace offers a Linux-native, standards-based, parallel file system and object store.

Company Information

Company

Hammerspace

Location

San Mateo, California, United States

About

Hammerspace is radically changing how unstructured data is used and preserved. Our Global Data Platform unifies unstructured data across edge, data centers, and clouds. It provides extreme parallel performance for AI, GPUs, and high-speed data analytics, and orchestrates data to any location and any storage system. This approach creates a Global Data Platform that eliminates data silos and makes data an instantly accessible resource for users, applications, and compute clusters, no matter where they are located.

Fundz sees it the moment Hammerspace raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
Strategic

ML-powered predictions for Hammerspace's next move

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Hammerspace raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.