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Clickhouse Raises $250M Series B To Scale Groundbreaking Olap Database Management System Globally

Oct 28, 2021•almost 4 years ago

Amount Raised

$250 Million

Round Type

series b

San Francisco

Description

ClickHouse, Inc., creators of the online analytical processing (OLAP) database management system, announced today that it has raised $250 million in Series B funding at a $2 billion valuation. The investment was led by Coatue and Altimeter, with participation from Index Ventures, Benchmark, Lightspeed, Redpoint, Almaz, Yandex N.V., FirstMark and Lead Edge. The superior speed of ClickHouse’s technology, combined with its rapid adoption by industry leaders, signals the rise of a once-in-a-decade company. “We have been following the ClickHouse project for years,” said Caryn Marooney, General Partner at Coatue

Company Information

Company

Clickhouse

Location

San Francisco, California, United States

About

ClickHouse is an open-source, column-oriented OLAP database management system that allows users to generate analytical reports using SQL queries in real-time. Its technology works 100-1000x faster than traditional database management systems, and processes hundreds of millions to over a billion rows and tens of gigabytes of data per server per second. With a widespread user base around the globe, the technology has received praise for its reliability, ease of use, and fault tolerance. Learn more at clickhouse.com

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