Hammerspace
PrivateLast Round
Series B
Apr 16, 2025
Est. Valuation
$500M
Total Funding Raised
$156.7M
Momentum Score
25 /100
Company Overview
Hammerspace is a software company that provides a global data platform to unify unstructured data across on-premises data centers, edge locations, and public clouds. The platform creates a single global namespace and a high-performance parallel global file system, allowing users and applications to access data regardless of where it is stored. The technology is designed to accelerate AI, high-performance computing (HPC), and data analytics workloads by eliminating data access delays and orchestrating data flow to GPUs and applications. The company was founded in 2018, emerging from the assets and intellectual property of Primary Data Inc. Hammerspace is privately held and has received significant venture funding.
Sector
AI, Data & Cloud Infrastructure
Verticals
Cloud Infrastructure, Data Integration, AI Training Infrastructure
Business Model
B2B
Customer Profile
Subscription SaaS, Government Contracts, Services & Consulting, Freemium
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Hammerspace Comps
Public and private peers based on sector, stage, and business model.
Hammerspace Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Apr 16, 2025 | ||||
| Series A | Jul 18, 2023 |
Key People
Founding team and executive leadership
Hammerspace Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Millennium Technology Value Partners | Series B |
| Pier 88 Ventures | Series A |
| Aramco Ventures | Series A |
| ARK Investment Management | Series A, Series B |
| Altimeter Capital Management | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 12, 2026
Los Alamos National Lab secured as a customer.
- Mar 12, 2026
Signed Meta as a new major customer.
Hammerspace Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Hammerspace's valuation, stock price, and market status.