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

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

06/26/24, 4:07 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmenlo park
Money raised
$35 million
Industry
information technology
software
Round Type
series b
Investors
Greylock Partners, Addition, Craft Ventures
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 Info

Company
Onehouse
Location
menlo park, california, united states
Additional Info
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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