ClickHouse, creators of the online analytical processing (OLAP) database management system, has raised $250 million in Series B funding at a $2 billion valuation.
The investment was led by Coatue and Altimeter, with participation from Index Ventures, Benchmark, Lightspeed, Redpoint, Almaz, Yandex N.V., FirstMark and Lead Edge.
ClickHouse is an open-source, high performance columnar OLAP database management system for real-time analytics using SQL. Its performance exceeds comparable column-oriented database management systems that are available on the market, processing hundreds of millions to over a billion rows and tens of gigabytes of data per server per second.
