Since its launch as an open-source project by Yandex in 2016, ClickHouse has become one of the leading databases for online analytical processing (OLAP), allowing businesses to quickly generate ad-hoc reports over very large datasets. In 2021, Yandex spun off ClickHouse into its own company and joined an initial $50 million Series A funding round led by Index Ventures and Benchmark Capital. Two months later, Coatue and Altimeter led the company’s Series B round, with participation… Source link
Read More »Column-Store ClickHouse Launches Cloud Version
Graphic courtesy of ClickHouse. ClickHouse, a distributed column-oriented analytic database management system provider, has announced the launch of ClickHouse Cloud. The company says its new cloud-based DBMS decouples storage and compute and scales automatically, relieving users of the need for sizing and tuning clusters to achieve fast query speeds. ClickHouse Cloud is initially being released in Public Beta on AWS and will soon be available through other cloud providers, according to… Source link
Read More »Speedy Column-Store ClickHouse Spins Out from Yandex, Raises $50M
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… Source link
Read More »Yandex N : Spins Off ClickHouse into Standalone Company
Moscow/New York, September 20, 2021. Yandex announces the spin off of ClickHouse, Inc., a pioneering company focused on open-source column-oriented database management systems (DBMS) for analytical processing. Created in partnership with Benchmark Capital and Index Ventures, ClickHouse will develop commercial products, such as a cloud-based version of DBMS and other solutions for large businesses based on the company’s open-source code. Benchmark Capital… Source link
Read More »