Hammerspace, a data orchestration startup specializing in managing unstructured data, has secured $100 million in its latest funding round, pushing its valuation beyond $500 million. The company provides a Linux-powered data management platform that offers enterprises a unified global namespace for both file and object data, designed to meet the performance demands of modern workloads. Hammerspace counts major technology firms Nvidia, Meta, Tesla, Palantir, and the U.S. Department of Defense among its clients. The new funding round is part of Hammerspace's preparation for a longer-term initial public offering strategy. The investment was led by strategic investors associated with Nvidia, Meta, and Tesla, highlighting confidence in Hammerspace's AI data platform and its potential as a new standard for AI data performance.