The investment was led by Coatue and Altimeter, with participation from Index Ventures, Benchmark, Lightspeed, Redpoint, Almaz, Yandex N.V., FirstMark and Lead Edge. The superior speed of ClickHouse's technology, combined with its rapid adoption by industry leaders, signals the rise of a once-in-a-decade company. "We have been following the ClickHouse project for years," said Caryn Marooney, General Partner at Coatue. "We are excited to join forces with this team as they continue to grow and achieve their goal of being an industry leader in this large and growing market."

ClickHouse is an open-source, column-oriented OLAP database management system that allows users to generate analytical reports using SQL queries in real-time. Its technology works 100-1000x faster than traditional database management systems, and processes hundreds of millions to over a billion rows and tens of gigabytes of data per server per second. With a widespread user base around the globe, the technology has received praise for its reliability, ease of use, and fault tolerance. Learn more at clickhouse.com