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 from Index Ventures, Benchmark, Lightspeed and Redpoint. Now, ClickHouse is extending this round with fresh capital from Thrive Capital.
The company, which is headquartered in San Francisco and has a European engineering base in Amsterdam, did not disclose the exact size of Thrive’s investment, but ClickHouse CEO Aaron Katz stated that it was an “eight-figure round”.
“ClickHouse offers the most eff...
