We don’t want to bury the lede: we have raised a $100M Series B, led by a new strategic partner in USIT with participation from all existing Oxide investors. To put that number in perspective: over the nearly six year lifetime of the company, we have raised $89M; our $100M Series B more than doubles our total capital raised to date — and positions us to make Oxide the generational company that we have always aspired it to be. If this aspiration seems heady now, it seemed absolutely outlandish when we were first raising venture capital in 2019. Our thesis was that cloud computing was the future of all computing; that running on-premises would remain (or become!) strategically important for many; that the entire stack — hardware and software — needed to be rethought from first principles to serve this market; and that a large, durable, public company could be built by whomever pulled it off. This scope wasn’t immediately clear to all potential investors, some of whom seemed to latch on to one aspect or another without understanding the whole. Their objections were revealing: "We know you can build this," began more than one venture capitalist (at which we bit our tongue; were we not properly explaining what we intended to build?!), "but we don’t think that there is a market." Entrepreneurs must become accustomed to rejection, but this flavor was particularly frustrating because it was exactly backwards: we felt that there was in fact substantial technical risk in the enormity of the task we put before ourselves — but we also knew that if we could build it (a huge if!) there was a huge market, desperate for cloud computing on-premises. Fortunately, in Eclipse Ventures we found investors who saw what we saw: that the most important products come when we co-design hardware and software together, and that the on-premises market was sick of being told that they either don’t exist or that they don’t deserve modernity. These bold investors — like the customers we sought to serve — had been waiting for this company to come along; we raised seed capital, and started building. And build it we did, making good on our initial technical vision: We did our own board designs, allowing for essential system foundation like a true hardware root-of-trust and end-to-end power observability. We did our own microcontroller operating system, and used it to replace the traditional BMC. We did our own platform enablement software, eliminating the traditional UEFI BIOS and its accompanying flotilla of vulnerabilities. We did our own host hypervisor, assuring an integrated and seamless user experience — and eliminating the need for a third-party hypervisor and its concomitant rapacious software licensing. We did our own switch — and our own switch runtime — eliminating entire universes of integration complexity and operational nightmares. We did our own integrated storage service, allowing the rack-scale system to have reliable, available, durable, elastic instance storage without necessitating a dependency on a third party. We did our own control plane, a sophisticated distributed system building on the foundation of our hardware and software components to deliver the API-driven services that modernity demands: elastic compute, virtual networking, and virtual storage. While these technological components are each very important (and each is in service to specific customer problems when deploying infrastructure on-premises), the objective is the product, not its parts. The journey to a product was long, but we ticked off the milestones. We got the boards brought up. We got the switch transiting packets. We got the control plane working. We got the rack manufactured. We passed FCC compliance. And finally, two years ago, we shipped our first system! Shortly thereafter, more milestones of the variety you can only get after shipping: our first update of the software in the field; our first update-delivered performance improvements; our first customer-requested features added as part of an update. Later that year, we hit general commercial availability, and things started accelerating. We had more customers — and our first multi-rack customer. We had customers go on the record about why they had selected Oxide — and customers describing the wins that they had seen deploying Oxide. Customers starting landing faster now: enterprise sales cycles are infamously long, but we were finding that we were going from first conversations to a delivered product surprisingly quickly. The quickening pace always seemed to be due in some way to our transparency: new customers were listeners to our podcast, or they had read our RFDs, or they had perused our documentation, or they had looked at the source code itself. With growing customer enthusiasm, we were increasingly getting questions about what it would look like to buy a large number of Oxide racks. Could we manufacture them? Could we support them? Could we make them easy to operate together? Into this excitement, a new potential investor, USIT, got to know us. They asked terrific questions, and we found a shared disposition towards building lasting value and doing it the right way. We learned more about them, too, and especially USIT’s founder, Thomas Tull. The more we each learned about the other, the more there was to like. And importantly, USIT had the vision for us that we had for ourselves: that there was a big, important market here — and that it was uniquely served by Oxide. We are elated to announce this new, exciting phase of the company. It’s not necessarily in our nature to celebrate fundraising, but this is a big milestone, because it will allow us to address our customers' most pressing questions around scale (manufacturing scale, system scale, operations scale) and roadmap scope. We have always believed in our mission, but this raise gives us a new sense of confidence when we say it: we’re going to kick butt, have fun, not cheat (of course!), love our customers — and change computing forever.

Sometime in late 2007, we had the idea of a DTrace conference. Or really, more of a meetup; from the primordial e-mail I sent: The goal here, by the way, is not a DTrace user group, but more of a face-to-face meeting with people actively involved in DTrace — either by porting it to another system, by integrating probes into higher level environments, by building higher-level tools on top of DTrace or by using it heavily and/or in a critical role. That said, we also don’t want to be exclusionary, so our thinking is that the only true requirement for attending is that everyone must be prepared to speak informally for 15 mins or so on what they are doing with DTrace, any limitations that they have encountered, and some ideas for the future. We’re thinking that this is going to be on the order of 15-30 people (though more would be a good problem to have — we’ll track it if necessary), that it will be one full day (breakfast in the morning through drinks into the evening), and that we’re going to host it here at our offices in San Francisco sometime in March 2008. This same note also included some suggested names for the gathering, including what in hindsight seems a clear winner: DTrace Bi-Mon-Sci-Fi-Con. As if knowing that I should leave an explanatory note to my future self as to why this name was not selected, my past self fortunately clarified: "before everyone clamors for the obvious Bi-Mon-Sci-Fi-Con, you should know that most Millennials don’t (sadly) get the reference." (While I disagree with the judgement of my past self, it at least indicates that at some point I cared if anyone got the reference.) We settled on a much more obscure reference, and had the first dtrace.conf in March 2008. Befitting the style of the time, it was an unconference (a term that may well have hit its apogee in 2008) that you signed up to attend by editing a wiki. More surprising given the year (and thanks entirely to attendee Ben Rockwood), it was recorded — though this is so long ago that I referred to it as video taping (and with none of the participants mic’d, I’m afraid the quality isn’t very good). The conference, however, was terrific, viz. the reports of Adam, Keith and Stephen (all somehow still online nearly two decades later). If anything, it was a little too good: we realized that we couldn’t recreate the magic, and we demurred on making it an annual event. Years passed, and memories faded. By 2012, it felt like we wanted to get folks together again, now under a post-lawnmower corporate aegis in Joyent. The resulting dtrace.conf(12) was a success, and the Olympiad cadence felt like the right one; we did it again four years later at dtrace.conf(16). In 2020, we came back together for a new adventure — and the DTrace Olympiad was not lost on Adam. Alas, dtrace.conf(20) — like the Olympics themselves — was cancelled, if implicitly. Unlike the Olympics, however, it was not to be rescheduled. More years passed and DTrace continued to prove its utility at Oxide; last year when Adam and I did our "DTrace at 20" episode of Oxide and Friends, we vowed to hold dtrace.conf(24) — and a few months ago, we set our date to be December 11th. At first we assumed we would do something similar to our earlier conferences: a one-day participant-run conference, at the Oxide office in Emeryville. But times have changed: thanks to the rise of remote work, technologists are much more dispersed — and many more people would need to travel for dtrace.conf(24) than in previous DTrace Olympiads. Travel hasn’t become any cheaper since 2008, and the cost (and inconvenience) was clearly going to limit attendance. The dilemma for our small meetup highlights the changing dynamics in tech conferences in general: with talks all recorded and made publicly available after the conference, how does one justify attending a conference in person? There can be reasonable answers to that question, of course: it may be the hallway track, or the expo hall, or the after-hours socializing, or perhaps some other special conference experience. But it’s also not surprising that some conferences — especially ones really focused on technical content — have decided that they are better off doing as conference giant O’Reilly Media did, and going exclusively online. And without the need to feed and shelter participants, the logistics for running a conference become much more tenable — and the price point can be lowered to the point that even highly produced conferences like P99 CONF can be made freely available. This, in turn, leads to much greater attendance — and a network effect that can get back some of what one might lose going online. In particular, using chat as the hallway track can be more much effective (and is certainly more scalable!) than the actual physical hallways at a conference. For conferences in general, there is a conversation to be had here (and as a teaser, Adam and I are going to talk about it with Stephen O’Grady and Theo Schlossnagle on Oxide and Friends next week, but for our quirky, one-day, Olympiad-cadence dtrace.conf, the decision was pretty easy: there was much more to be gained than lost by going exclusively on-line. So dtrace.conf(24) is coming up next week, and it’s available to everyone. In terms of platform, we’re going to try to keep that pretty simple: we’re going to use Google Meet for the actual presenters, which we will stream in real-time to YouTube — and we’ll use the Oxide Discord for all chat. We’re hoping you’ll join us on December 11th — and if you want to talk about DTrace or a DTrace-adjacent topic, we’d love for you to present! Keeping to the unconference style, if you would like to present, please indicate your topic in the #session-topics Discord channel so we can get the agenda fleshed out. While we’re excited to be online, there are some historical accoutrements of conferences that we didn’t want to give up. First, we have a tradition of t-shirts with dtrace.conf. Thanks to our designer Ben Leonard, we have a banger of a t-shirt, capturing the spirit of our original dtrace.conf(08) shirt but with an Oxide twist. It’s (obviously) harder to make those free but we have tried to price them reasonably. You can get your t-shirt by adding it to your (free) dtrace.conf ticket. (And for those who present at dtrace.conf, your shirt is on us — we’ll send you a coupon code!) Second, for those who can make their way to the East Bay and want some hangout time, we are going to have an après conference social event at the Oxide office starting at 5p. We’re charging something nominal for that too (and like the t-shirt, you pay for that via your dtrace.conf ticket); we’ll have some food and drinks and an Oxide hardware tour for the curious — and (of course?) there will be Fishpong. Much has changed since I sent that e-mail 17 years ago — but the shared values and disposition that brought together our small community continue to endure; we look forward to seeing everyone (virtually) at dtrace.conf(24)!

Oxide Computer Company and Lawrence Livermore National Laboratory Work Together to Advance Cloud and HPC Convergence Oxide Computer Company and Lawrence Livermore National Laboratory (LLNL) today announced a plan to bring on-premises cloud computing capabilities to the Livermore Computing (LC) high-performance computing (HPC) center. The rack-scale Oxide Cloud Computer allows LLNL to improve the efficiency of operational workloads and will provide users in the National Nuclear Security Administration (NNSA) with new capabilities for provisioning secure, virtualized services alongside HPC workloads. HPC centers have traditionally run batch workloads for large-scale scientific simulations and other compute-heavy applications. HPC workloads do not exist in isolation—there are a multitude of persistent, operational services that keep the HPC center running. Meanwhile, HPC users also want to deploy cloud-like persistent services—databases, Jupyter notebooks, orchestration tools, Kubernetes clusters. Clouds have developed extensive APIs, security layers, and automation to enable these capabilities, but few options exist to deploy fully virtualized, automated cloud environments on-premises. The Oxide Cloud Computer allows organizations to deliver secure cloud computing capabilities within an on-premises environment. On-premises environments are the next frontier for cloud computing. LLNL is tackling some of the hardest and most important problems in science and technology, requiring advanced hardware, software, and cloud capabilities. We are thrilled to be working with their exceptional team to help advance those efforts, delivering an integrated system that meets their rigorous requirements for performance, efficiency, and security. — Steve TuckCEO at Oxide Computer Company Leveraging the new Oxide Cloud Computer, LLNL will enable staff to provision virtual machines (VMs) and services via self-service APIs, improving operations and modernizing aspects of system management. In addition, LLNL will use the Oxide rack as a proving ground for secure multi-tenancy and for smooth integration with the LLNL-developed Flux resource manager. LLNL plans to bring its users cloud-like Infrastructure-as-a-Service (IaaS) capabilities that work seamlessly with their HPC jobs, while maintaining security and isolation from other users. Beyond LLNL personnel, researchers at the Los Alamos National Laboratory and Sandia National Laboratories will also partner in many of the activities on the Oxide Cloud Computer. We look forward to working with Oxide to integrate this machine within our HPC center. Oxide’s Cloud Computer will allow us to securely support new types of workloads for users, and it will be a proving ground for introducing cloud-like features to operational processes and user workflows. We expect Oxide’s open-source software stack and their transparent and open approach to development to help us work closely together. — Todd GamblinDistinguished Member of Technical Staff at LLNL Sandia is excited to explore the Oxide platform as we work to integrate on-premise cloud technologies into our HPC environment. This advancement has the potential to enable new classes of interactive and on-demand modeling and simulation capabilities. — Kevin PedrettiDistinguished Member of Technical Staff at Sandia National Laboratories LLNL plans to work with Oxide on additional capabilities, including the deployment of additional Cloud Computers in its environment. Of particular interest are scale-out capabilities and disaster recovery. The latest installation underscores Oxide Computer’s momentum in the federal technology ecosystem, providing reliable, state-of-the-art Cloud Computers to support critical IT infrastructure. To learn more about Oxide Computer, visit https://oxide.computer. About Oxide Computer Oxide Computer Company is the creator of the world’s first commercial Cloud Computer, a true rack-scale system with fully unified hardware and software, purpose-built to deliver hyperscale cloud computing to on-premises data centers. With Oxide, organizations can fully realize the economic and operational benefits of cloud ownership, with access to the same self-service development experience of public cloud, without the public cloud cost. Oxide empowers developers to build, run, and operate any application with enhanced security, latency, and control, and frees organizations to elevate IT operations to accelerate strategic initiatives. To learn more about Oxide’s Cloud Computer, visit oxide.computer. About LLNL Founded in 1952, Lawrence Livermore National Laboratory provides solutions to our nation’s most important national security challenges through innovative science, engineering, and technology. Lawrence Livermore National Laboratory is managed by Lawrence Livermore National Security, LLC for the U.S. Department of Energy’s National Nuclear Security Administration. Media Contact LaunchSquad for Oxide Computer oxide@launchsquad.com

We are heartbroken to relay that Charles Beeler, a friend and early investor in Oxide, passed away in September after a battle with cancer. We lost Charles far too soon; he had a tremendous influence on the careers of us both. Our relationship with Charles dates back nearly two decades, to his involvement with the ACM Queue board where he met Bryan. It was unprecedented to have a venture capitalist serve in this capacity with ACM, and Charles brought an entirely different perspective on the practitioner content. A computer science pioneer who also served on the board took Bryan aside at one point: "Charles is one of the good ones, you know." When Bryan joined Joyent a few years later, Charles also got to know Steve well. Seeing the promise in both node.js and cloud computing, Charles became an investor in the company. When companies hit challenging times, some investors will hide — but Charles was the kind of investor to figure out how to fix what was broken. When Joyent needed a change in executive leadership, it was Charles who not only had the tough conversations, but led the search for the leader the company needed, ultimately positioning the company for success. Aside from his investment in Joyent, Charles was an outspoken proponent of node.js, becoming an organizer of the Node Summit conference. In 2017, he asked Bryan to deliver the conference’s keynote, but by then, the relationship between Joyent and node.js had become…​ complicated, and Bryan felt that it probably wouldn’t be a good idea. Any rational person would have dropped it, but Charles persisted, with characteristic zeal: if the Joyent relationship with node.js had become strained, so much more the reason to speak candidly about it! Charles prevailed, and the resulting talk, Platform as Reflection of Values, became one of Bryan’s most personally meaningful talks. Charles’s persistence was emblematic: he worked behind the scenes to encourage people to do their best work, always with an enthusiasm for the innovators and the creators. As we were contemplating Oxide, we told Charles what we wanted to do long before we had a company. Charles laughed with delight: "I hoped that you two would do something big, and I am just so happy for you that you’re doing something so ambitious!" As we raised seed capital, we knew that we were likely a poor fit for Charles and his fund. But we also knew that we deeply appreciated his wisdom and enthusiasm; we couldn’t resist pitching him on Oxide. Charles approached the investment in Oxide as he did with so many other aspects: with curiosity, diligence, empathy, and candor. He was direct with us that despite his enthusiasm for us personally, Oxide would be a challenging investment for his firm. But he also worked with us to address specific objections, and ultimately he won over his partnership. We were thrilled when he not only invested, but pulled together a syndicate of like-minded technologists and entrepreneurs to join him. Ever since, he has been a huge Oxide fan. Befitting his enthusiasm, one of his final posts expressed his enthusiasm and pride in what the Oxide team has built. Charles, thank you. You told us you were proud of us — and it meant the world. We are gutted to no longer have you with us; your influence lives on not just in Oxide, but also in the many people that you have inspired. You were the best of venture capital. Closer to the heart, you were a terrific friend to us both; thank you.