What happened

Oxide Computer announced a $445 million Series D funding round. The announcement was shared in the company's own blog post.

What Oxide does

Oxide builds systems that combine hardware and software for enterprise data centers. The goal is to let companies run their own infrastructure with cloud-like ease.

Why it matters

A round of this size shows investor interest in enterprise hardware and infrastructure is still strong. The company is expected to put the funding toward product development and growth.