Oxide's $200M Series C

Oxide and Friends · 27 Feb 2026 · 1h 45m · Episode 5

What this episode covers

Oxide Computer Company CEO Steve Tuck and CTO Bryan Cantrill, joined by host Adam Leventhal, discuss the company's recent $200 million Series C funding round, which closed in late December. They explain the strategic use of a tranche structure to balance valuation upside with capital security, the decision to raise despite having no immediate capital needs to ensure long-term customer confidence, and the operational shifts toward better supply chain terms and debt financing. The episode also covers the launch of the new Cosmo platform featuring AMD Turin processors, comparisons to competitors like AWS Outposts and Nutanix, and the company's commitment to maintaining founder control and independence.

Mentioned

Companies
Oxide Computer Company, USIT, Nutanix, Dell, Costco, Western Digital, Pure Storage, GitHub, Docker, Valve
Products
AWS Outposts, Cosmo, IBM AS/400
Chips
AMD Turin, AMD Milan
Also
Steve Tuck, Bryan Cantrill, Adam Leventhal, Tom Preston Werner, Hacker News

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