Hammerspace
announced the details of its business momentum entering 2024.

The increasing need for datasets originating at the edge, stored in
various vendor silos, and spread across diverse clouds to power AI is
prompting organizations to urgently assess data architectures at a
strategic level.

Working with existing customers like Blue Origin, The National Science
Foundation, Royal Caribbean Group, and Hyperscale Large Language Model
(LLM) environments, Hammerspace is well-positioned to be a key component
in data architectures around the globe as organizations look to deliver
high-performance data to massive GPU compute environments and overcome
data silos to move their data to available compute and preferred AI
models.

To fuel this momentum, Hammerspace is quickly growing its employee base
and tripling its go-to-market resources to work with customers and
partners designing data strategies and storage environments for this
next data cycle.

Whether organizations are bringing data to their AI models of choice or
making unstructured data sources available to external analytics
platforms such as Snowflake and Databricks,
Hammerspace gives organizations the ability to design their data
architecture for flexibility and move data to where it is needed for
compute processing and local proximity to analytics and AI models.

Key 2023 Business Achievements and Recent Third-Party Validations

• 
  Single customer deployment that exceeds 100 petabytes of capacity.
• 
  300+% growth in sales pipeline.
• 
  650% year-over-year increase in the capacity under management in the Hammerspace Global Data Environment software.
• 
  65% year-over-year growth in signed channel ecosystem partners.
• 
  Raised $56.7M in the first round of institutional funding led by Prosperity7 Ventures, and including Pier88 Ventures, ARK Invest and others.
• 
  Expanded Global Data Environment to support data on tape and Unveiled Reference Architecture for Large Language Model training in hyperscale environment.
• 
  Nearly doubled sales and marketing teams to meet increased market demand.
• 
  Selected as Gold winner of TechTarget’s Top Data Storage and Management Tools of 2023
• 
  Recognized as a Leader in GigaOm Radar Report for High Performance Cloud File Storage
• 
  Selected among DCIG’s Top 5 Rising Vendors Multi-Site File Collaboration Solutions
• 
  Mathematic Studio’s Implementation of Hammerspace Awarded Best of Show at IBC2023 by TVTech
• 
  Wins Prestigious Flash Memory Summit 2023 Most Innovative Technology Award
• 
  Strategic leadership team expansion with the addition of:

  • 
    SVP of Strategic Partnerships – Mark Cree, previous GM – AWS Storage Gateway
  • 
    EMEA Sales and Technical Leadership Team

    • 
      Ryan Taylor, previous Senior Director EMEA at Weka
    • 
      Mark Lucas, previous head of EMEA pre-sales engineering at Weka

    
    

  • 
    Head of Technical Account Management – David Bailey, previous WW Technical Specialist and Evangelist at DDN and Qumulo, respectively
  • 
    Head of Partner Marketing – Betsy Doughty, previous VP of Marketing at Spectra Logic
  • 
    Sr. Director of Solution Marketing – Eric Bassier, previous Head of Product Marketing at Quantum

  
  

“Hammerspace’s vigorous pipeline growth and massive momentum in adoption
reflect urgent demand for forward-thinking ways to solve radically new
data challenges in the next era of data,” said David Flynn, Hammerspace
Founder and CEO. “Data-intensive organizations, including those
deploying AI and deep learning applications, need solutions that deliver
high-performance anywhere data is used and automated data orchestration
to eliminate the constraints of data silos. Hammerspace is delivering
this and more – helping customers modernize their data architectures and
grow their businesses.”