ClickHouse raised $250 mn in Series B funding

ClickHouse, creators of the online analytical processing (OLAP) database management system, has raised $250 million in Series B funding at a $2 billion valuation.
Dollar spending on technology
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.