Hammerspace, a privately owned company founded in 2018 and headquartered in the US, provides a content supply chain solution. As of 2023, the company employs approximately 150 people and reported revenues of less than $25 million. Its core product aims to create a unified global data environment, enabling seamless access to data for users and applications regardless of location or time.
Hammerspace received $100 million in funding from investors including Altimeter Capital and ARK Invest, who also invested in companies such as NVIDIA, Meta, Snowflake, Palantir, and Uber. This investment aims to address challenges in managing unstructured data for AI and high-performance computing systems. Separately, Hammerspace's CEO, David Flynn, announced plans for an initial public offering (IPO), citing rapid sales growth of 1000 percent in the previous year and a belief that going public is necessary due to the company's large enterprise clients. These announcements were reported in the week of April 18, 2025, alongside a broader industry report noting mixed messages regarding IPOs and the overall outlook for exits in the startup world.
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Hammerspace offers products in the media tech industry. Hammerspace's product portfolio comprises of content supply chain.
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Hammerspace's revenues were less than $25M in 2023. All the revenue comes from content storage management (HSM).
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Hammerspace's customers primarily consist of entertainment Providers and software Development companies. Examples of Hammerspace's customers include Fox Networks Group, Meta and Ingenuity Studios.
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