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 Jun 30, 2026, the latest employee count at Hammerspace is 243.

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. Its primary sector is Enterprise Storage. In United States, the Enterprise Storage sector has seen $862M in funding in 2026 to date.

Where does Hammerspace rank among its competitors?

Hammerspace ranks 148th amongst 129451 active competitors, of which 1031 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, DigitalOcean and Hewlett Packard Enterprise. Among them, Hammerspace secured the most recent funding round in February, 2026.

Hammerspace - 2026 Company Profile, Funding & Competitors

Hammerspace is a series B company based in Los Altos (United States), founded in 2018. It operates as a Provider of storage management solutions. Hammerspace has raised $157M in funding from Altimeter Capital and Prosperity7 Ventures, with a current valuation of $*****. The company has 129451 active competitors, including 1031 funded and 7476 that have exited. Its top competitors include companies like IBM, DigitalOcean and Hewlett Packard Enterprise.

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 & 8 more

Ranked

148^th among 129451 active competitors

Employee Count

243 as on Jun 30, 2026

Investment & Acquisitions

Rozo Systems

Similar Companies

DigitalOcean & 359 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 9 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	3330368	Series B	8556948	5770983	7864320	2829305
Apr 16, 2025	3598065	Series B	2822605	3232457	6280453	Ark Invest ETFs
Jul 18, 2023	7300327	Series A	4437759	3685700	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 243 employees as of Jun 26. Here is Hammerspace's employee count trend over the years:

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Top competitors of Hammerspace include IBM, DigitalOcean and Hewlett Packard Enterprise. 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, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	81/100
2nd	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
3rd	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	78/100
4th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	78/100
5th	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	76/100
6th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
7th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	75/100
8th	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, RTP Global & 8 others	74/100
9th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, CPP Investments & 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
148th	Hammerspace 2018, Los Altos (United States), Series B	Provider of storage management solutions	$157M	ARK Investment Management, Altimeter Capital ... & 7 others	58/100