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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 IntelligenceEnterprise SoftwareAnalyticsMachine LearningData CenterBig DataSaaS

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.

Quick answer

Hammerspace raised $100 Million in a Funding Round round, dated April 16, 2025. Investors: ARK Invest and Altimeter Capital. Hammerspace is based in San Mateo, California, United States.

How much did Hammerspace raise?
Hammerspace raised $100 Million in a Funding Round round on April 16, 2025.
Who invested in Hammerspace?
ARK Invest and Altimeter Capital are named as investors in this round.
What does Hammerspace do?
Hammerspace is radically changing how unstructured data is used and preserved.
Where is Hammerspace based and how big is it?
Hammerspace is based in San Mateo, California, United States. Fundz records about 179 employees.
Who are the decision-makers at Hammerspace?
Fundz holds 2 contacts at Hammerspace. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and Analytics around the same time

Companies in the same sectors as Hammerspace that raised within 45 days of this round, from Fundz verified event records.

  • Quantexa raised $175M (Series F) on March 5, 2025.
  • Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
  • Chalk raised $50M (Series A) on May 28, 2025.
  • Datavault AI raised $26M on May 20, 2025.
  • Rentana raised $5M (Seed) on May 6, 2025.
  • Lovelace AI raised an undisclosed amount (Seed) on May 6, 2025.

Who to call at Hammerspace, and when

A new round usually means Hammerspace is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Hammerspace, from your own LinkedIn network

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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.

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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.

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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 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.