SAN FRANCISCO, July 30 (Reuters) - Cloud server builder

Oxide Computer Company on Wednesday said it has raised $100

million in financing to help the company expand its

manufacturing capabilities and get new products out the door

faster.

Oxide makes server systems and the software which supports

them that are designed to allow businesses to build cloud

computing within their own company walls, instead of renting

access to cloud servers from the likes of Amazon's ( AMZN ) AWS,

Google or Microsoft ( MSFT ).

The company's competitors include server systems made by

Dell and HPE.

Oxide designs its server racks from the ground up, and has

made significant investments in developing the software

necessary to run in-house cloud computing. The idea is to give

customers a complete cloud server system with no additional

software licenses needed, according to chief executive Steve

Tuck.

"We're huge believers in cloud computing. We just believe

that you should have it everywhere, not just in a rental only

construct from a handful of service providers," Tuck said in an

interview with Reuters.

The software component of the company's server system is

crucial, Tuck said, because to solve problems with large

businesses running server systems themselves requires both

components, especially in areas such as security.

Beyond building additional software features and components,

Oxide plans to use the cash to expand its manufacturing,

logistics and supply operations.

The company's customers in recent months have begun asking

for dozens or hundreds of the company's systems at once,

according to Tuck, and Oxide needs to expand its ability to

fulfill such orders.

Thomas Tull's U.S. Innovative Technology Fund led the

funding round. Oxide said that all prior investors participated

in the series B funding round including Counterpart Ventures,

Eclipse, Intel Capital, Rally Ventures and Riot Ventures.

Oxide previously raised $44 million in a series A funding

round and nearly $190 million in total after Wednesday's

announcement.