Onehouse secures $35M in a Series B round led by Craft Ventures to advance open data lakehouse technology.

Jun 26, 2024•about 1 year ago

Amount Raised

$35 Million

Round Type

series b

Menlo ParkInformation TechnologySoftware

Investors

Greylock PartnersAdditionCraft Ventures

Description

Onehouse, a data lakehouse vendor, has announced a $35 million Series B round of funding led by Craft Ventures, with the participation of Addition and Greylock Partners. The funding will be used to accelerate product development and market penetration, bringing the company’s total funding to $68 million.

Company Information

Company

Onehouse

Location

Menlo Park, California, United States

About

Onehouse provides a cloud-native managed lakehouse service that makes data lakes easier, faster and cheaper. Onehouse blends the ease of use of a warehouse with the scale of a data lake into a fully managed product. Engineers can build data lakes in minutes, process data in seconds and own data in open source formats, not locked away to individual vendors. Onehouse is founded by a former Uber data architect and the creator of Apache Hudi who pioneered the fundamental technology of the lakehouse. The company is backed by Addition and Greylock.

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