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    Home » Mobile Phones » ClickHouse Raises $250 Million in Series B Funding to Internationally Size Groundbreaking OLAP Database Management System
    Funding & Investment

    ClickHouse Raises $250 Million in Series B Funding to Internationally Size Groundbreaking OLAP Database Management System

    Avinsh KSBy Avinsh KSMay 30, 2023Updated:May 30, 2023No Comments5 Mins Read
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    ClickHouse Raises $250 Million in Series B Funding to Internationally Size Groundbreaking OLAP Database Management System
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    ClickHouse is a column-oriented OLAP data management system that enables users to produce explanatory reports instantly using SQL commands. The developers of the advanced analytics handling (OLAP) database management system recently revealed a $250 million Series B financing round at a $2 billion appraisal. Coatue and Altimeter prompted the asset, with Index Ventures, Benchmark, Lightspeed, Redpoint, Almaz, Yandex N.VFirstMark, and Lead Edge also participating.

    About Clickhouse

    Clickhouse was originally established in August 2021 by Aaron Katz, Alexey Milovidov, and Yury Izrailevsky. The business’s main offices are in the San Francisco Bay Area, West Coast, and Western US. The company is still in operation, and its most recent round of financing was Series B. The corporation’s lawful title is Clickhouse, Inc., and its type of business entity is For Profit. The company focuses on Analytics, Big Data, Database, and Software. The CB tag for the firm is listed under the Unicorn category.

    ClickHouse recognises that statistics develop in real time. They assume that outcomes should be obtained quickly, very quickly. They created the well-known open-source column-oriented DBMS (columnar management system) for online processing and analyzing (OLAP), which enables individuals to create explanatory updates in real using SQL queries. ClickHouse procedures thousands of millions to billions of rows and tens of terabytes of information per server per second, which is 100-1000x quicker than conventional database management systems. Their innovation has garnered plaudits for its dependability, simplicity of use, and high availability from a global user base.

    ClickHouse Product – Cloud

    Incorporating ClickHouse as an offering, created and maintained by the creatives and maintenance personnel of the world’s fastest OLAP database. All of the speed and power you’ve been accustomed to from ClickHouse is now available through the cloud. Cloud-native design enables efficient data-tiered storage and scalability, culminating in the market’s best price/performance proportion. Each delivery is instantaneously reproduced across multiple zones of availability and is thus dependable by default. Allow their specialists to sweat the specifics of security, privacy, and conformance. Always-on standard industry delinquencies and regulations that can be customized. They collate the most prevalent methods of working with ClickHouse. Examine their ever-expanding catalog of ecosystem integrations.

    Why ClickHouse?

    Lightning quick

    All other column-oriented database management programs pale in comparison.

    Scalable sequentially

    Unbelievable lateral and perpendicular scaling

    Considerate to faults

    Sync reproduction is supported, and it can be implemented across multiple server farms.

    Processes that are equipment productive analysis requests are processed faster than in traditional row-oriented processes

    Exceptionally dependable

    A completely distributed scheme with enterprise-grade security

    Feature-rich

    SQL query dialect that is easy to use, analytics capabilities built-in, and more.

    Funding

    ClickHouse has established $300 million in two rounds of financing. Their most recent funding came in the form of a Series B round on October 28, 2021. Ten venture capitalists have contributed to the funding of ClickHouse. The most latest venture capitalists are Redpoint and Yandex.

    Recent News

    The developers of the advanced analytics handling (OLAP) database management system recently revealed a $250 million Series B financing round at a $2 billion appraisal. The outstanding pace of ClickHouse’s innovation, coupled with its widespread adoption by leading companies, points to the emergence of a once-in-a-decade corporation. They are overjoyed that fantastic shareholders such as Coatue and Altimeter have affirmed their early predictions, and they are looking forward to the journey ahead.

    Conclusion

    ClickHouse is a column-oriented OLAP data management system that enables users to produce explanatory reports instantly using SQL commands. The developers of the advanced analytics handling (OLAP) database management system recently revealed a $250 million Series B financing round at a $2 billion appraisal. The business’s main offices are in the San Francisco Bay Area, West Coast, and Western US. The CB tag for the firm is listed under the Unicorn category.

    ClickHouse recognizes that statistics develop in real-time. All of the speed and power you’ve been accustomed to from ClickHouse is now available through the cloud. They collate the most prevalent methods of working with ClickHouse. Their most recent funding came in the form of a Series B round on October 28, 2021. The most latest venture capitalists are Redpoint and Yandex. The developers of the advanced analytics handling (OLAP) database management system recently revealed a $250 million Series B financing round at a $2 billion appraisal.

    FAQs

    Q1. What is ClickHouse?

    Ans. ClickHouse is a column-oriented OLAP data management system that enables users to produce explanatory reports instantly using SQL commands. 

    Q2. Who established the company?

    Ans. Clickhouse was originally established in August 2021 by Aaron Katz, Alexey Milovidov, and Yury Izrailevsky. 

    Q3. What does the firm specialize in?

    Ans. The company focuses on Analytics, Big Data, Database, and Software. The CB tag for the firm is listed under the Unicorn category.

    Q4. What has their innovation garnered?

    Ans. Their innovation has garnered plaudits for its dependability, simplicity of use, and high availability from a global user base.

    Q5. How much have they raised to date?

    Ans. ClickHouse has established $300 million in two rounds of financing. 

    Other Related Posts-

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    Clickhouse $250 m series b funding for groundbreaking olap database yand Clickhouse advantages clickhouse crunchbase Clickhouse funding Clickhouse news Clickhouse product- cloud clickhouse series b clickhouse startup clickhouse valuation
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