When was Hammerspace founded?

Hammerspace was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Where is Hammerspace located?

Hammerspace is headquartered in Los Altos, United States.

How many employees does Hammerspace have?

As of May 31, 2026, the latest employee count at Hammerspace is 251.

Is Hammerspace a funded company?

Hammerspace is a funded company, having raised a total of $157M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 18, 2023.

How much is Hammerspace worth?

The latest valuation of Hammerspace is $***** as of Apr 18, 2025.

When was the latest funding round of Hammerspace?

Hammerspace's latest funding was a $***** Series B round on Feb 24, 2026, with participation from 1 investor.

Where does Hammerspace rank among its competitors?

Hammerspace ranks 88th amongst 123360 active competitors, of which 1009 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Hammerspace, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Hammerspace?

Hammerspace's top competitors include IBM, UST and DigitalOcean. Among them, Hammerspace secured the most recent funding round in February, 2026.

Hammerspace - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of storage management solutions. The platform offered by the company leverages machine learning, data virtualization, and Metadata. It provides storage solutions such as cloud analytics, NAS, SAN, object data management, and hybrid cloud management.

Website: hammerspace.com
Social
Email ID: *****@hammerspace.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Los Altos, United States

Stage

Series B

Total Funding

$157M in 3 rounds

Latest Funding Round

Series B, Feb 24, 2026, $*****

Post Money Valuation

$***** as on Apr 18, 2025

Investors

Altimeter Capital & 7 more

Ranked

88^th among 123360 active competitors

Employee Count

251 as on May 31, 2026

Investment & Acquisitions

Rozo Systems

Similar Companies

DigitalOcean & 349 more

View Hammerspace's full profile

Hammerspace has raised a total funding of $157M over 3 rounds. Its first funding round was on Jul 18, 2023. Its latest funding round was a Series B round on Feb 24, 2026 for $*****. 1 investor participated in its latest round. Hammerspace has 8 institutional investors.

Here is the list of recent funding rounds of Hammerspace:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 24, 2026	4542446	Series B	2182940	7911260	3434267	2371898
Apr 16, 2025	5175849	Series B	2343055	8439142	2187857	Ark Invest ETFs
Jul 18, 2023	2842554	Series A	3235266	1283348	Prosperity7 Ventures	Pier 88 Investment Partners & 1 more

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View details of Hammerspace's funding rounds and investors

Hammerspace's employee count trend

Hammerspace has 251 employees as of May 26. Here is Hammerspace's employee count trend over the years:

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Top competitors of Hammerspace include IBM, UST and DigitalOcean. Here is the list of Top 10 competitors of Hammerspace, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, United States, Public	Provider of hybrid cloud, artificial intelligence, and consulting services	-	Berkshire Hathaway, Runway & 17 others	80/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	80/100
3rd	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Access Technology Ventures ... & 46 others	80/100
4th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	79/100
5th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 2 others	79/100
6th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	76/100
7th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
8th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Seaside Private Capital, Nepean Capital & 1 others	75/100
9th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	Back Bay Group, Orogen Group & 8 others	73/100
10th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
88th	Hammerspace 2018, Los Altos (United States), Series B	Provider of storage management solutions	$157M	ARK Investment Management, Altimeter Capital ... & 6 others	63/100