Fundz

OpenAI completes acquisition of Rockset to enhance enterprise AI offerings

PRIVATEJun 21, 2024

Acquiring Company

OpenAI

Acquired Company

Rockset

San FranciscoSan MateoArtificial IntelligenceresearchArtificial IntelligenceE CommerceFintechBlockchainMachine Learning

Description

OpenAI, the AI firm renowned for its AI models like ChatGPT, has acquired enterprise search and analytics startup Rockset. This acquisition is notable for OpenAI’s plan to fully integrate Rockset’s technology and key personnel, diverging from its previous talent-driven strategy.

Quick answer

OpenAI is acquiring Rockset, announced June 21, 2024. OpenAI is based in San Francisco, California, United States.

How much did OpenAI pay for Rockset?
The deal value was not disclosed.
What does OpenAI do?
OpenAI Deployment Company is a subsidiary of OpenAI focused on implementing AI solutions in large enterprises.
Where are OpenAI and Rockset based?
OpenAI is based in San Francisco, California, United States. Rockset is based in San Mateo, California, United States.
Who are the decision-makers at OpenAI?
Fundz holds 3 contacts at OpenAI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in research and E Commerce

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at OpenAI, and when

When OpenAI changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day OpenAI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at OpenAI, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at OpenAI. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

OpenAI

Location

3180 18th Street

San Francisco, California, United States

About

OpenAI Deployment Company is a subsidiary of OpenAI focused on implementing AI solutions in large enterprises. It aims to help businesses embed AI effectively into their operations. With substantial funding and an experienced team, the company strives to transform infrastructure and workflows using advanced AI technologies.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment OpenAI makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Richard
Likely contact at this company
••••••••@••••••••

See Richard's verified email →

Kate
Likely contact at this company
••••••••@••••••••

See Kate's verified email →

Venkat
Senior decision-maker at this company
••••••••@••••••••

See Venkat's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for OpenAI's next move

Learn about Strategic plan

Frequently asked

Who acquired Rockset?

Rockset was acquired by OpenAI, based in San Francisco. The deal was reported on June 21, 2024. OpenAI Deployment Company is a subsidiary of OpenAI focused on implementing AI solutions in large enterprises. It aims to help businesses embed AI effectively into their operations. OpenAI is privately held and operates in Artificial Intelligence.

When did OpenAI acquire Rockset?

OpenAI's acquisition of Rockset was reported on June 21, 2024. OpenAI, the AI firm renowned for its AI models like ChatGPT, has acquired enterprise search and analytics startup Rockset. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Rockset do?

Rockset is the world's fastest search and analytics database. With real-time indexing, full-featured SQL and cloud-native efficiency, it is the #1 alternative to Elasticsearch for building search, analytics and AI applications. It is privately held, operating in Artificial Intelligence, and is based in San Mateo.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.