Our $445M Series D
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Oxide Computer Company raised a $445M Series D after becoming profitable and paying income tax.
Oxide announced a $445M Series D led by Eclipse, with participation from existing investors USIT, Riot Ventures, Jane Street, Friends and Family Capital, Counterpart, and new investors Atreides Management and AMD. The company recently paid income tax for the first time due to profitable operations from selling computers. Despite generating cash and having a large order backlog, demand far exceeds supply, requiring substantial cash to secure inventory and expand manufacturing capacity. The funds will help satisfy backlog, accept new demand, and ensure the company's longevity and independence.
What commenters are saying
Commenters generally praised Oxide, calling it one of the most inspiring companies in the space. Some noted the rapid succession of funding rounds ($100M Series B, $200M Series C, $445M Series D) but clarified the company likely isn't burning through cash quickly; hardware businesses need large cash commitments for inventory and manufacturing. A significant subthread debated Oxide's nine-hour interview process. Some found it exhausting and risky for candidates, while others argued it's reasonable for a job where you'll spend years and that long processes correlate with better hires and culture. A few users shared frustrations about never hearing back after applying.