Russian search giant Yandex this week announced that it has spun out its distributed column-oriented analytic database ClickHouse into its own company. Based in New York City, ClickHouse Inc. also was given $50 million in Series A capital to jumpstart its business.
Moscow-based Yandex started developing the ClickHouse database in 2009, and it was put into service several years later the OLAP backend for its Yandex.Metrica Web analytics service. The database’s main advantage was the…
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