Morrison Foerster advised Oxide Computer Company, a builder of cloud server software and hardware, in connection with its $200m Series C financing round, led by US Innovative Technology Fund, with participation from existing investors including Eclipse, Riot Ventures, Jane Street, and more. MoFo also advised on Oxide’s $100 million Series B financing in July 2025.
Oxide designs and manufactures the Oxide Cloud Computer, a rack-scale integrated system, with purpose-built hardware and open-source software, that delivers a modern cloud experience on-premises. For enterprises historically forced to cobble together their own on-premises systems, the Oxide Cloud Computer provides the self-service, API-driven experience previously available only from hyperscale cloud providers, with better performance, sovereignty, and economics.
The MoFo team advising Oxide Computer on the financing was led by emerging companies + venture capital partner Jim Ryan and associates Tony Krueger and Hanna Balcha.
Read Oxide’s press release.
Jim RyanPartner
Anthony G. KruegerAssociate
Hanna BalchaAssociate
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