ClickHouse Raises $250M in Series B
ClickHouse has successfully raised $250M in a Series B at a $2B valuation led by Coatue, Altimeter Capital, ClickHouse Holdings, Benchmark.
Company Overview
ClickHouse is a Database company headquartered in 650 California Street, San Francisco, CA 94108, founded in 2021 with 300+ employees.
Real-time analytics database
Fundraising Details
- Amount Raised: $250M
- Round Type: Series B
- Valuation: $2B
- Date: 2024-10-17
- Investors: Coatue, Altimeter Capital, ClickHouse Holdings, Benchmark
About ClickHouse
Real-time analytics database The company is positioned in the Database sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 650 California Street, San Francisco, CA 94108
- Founded: 2021
- Team Size: 300+
- Industry: Database
What This Means
This funding round demonstrates strong investor confidence in ClickHouse's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Database sector continues to attract significant investment as companies innovate to meet evolving market demands. ClickHouse's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2B valuation marks an important milestone for ClickHouse, positioning the company among notable players in the Database industry.
Looking Ahead
With this new capital, ClickHouse is well-positioned to execute on its growth strategy and continue building innovative solutions in the Database space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
---
This fundraising news was reported on 2024-10-17. For more information about ClickHouse, visit their headquarters at 650 California Street, San Francisco, CA 94108.
