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Onehouse First To Make Fully Managed Data Lakes Possible, Raises $25 Million Series A From Addition And Greylock

PRIVATEFeb 03, 2023

Amount Raised

$25 Million

Round Type

Series A

Menlo ParkInformation TechnologySoftware

Description

Onehouse, the first managed data lakehouse company, today announced a new feature Onetable that advances its vision for easier, cheaper and faster data lakes. Onetable lets users take advantage of all the scale, interoperability and cost benefits of data lakehouses built on the popular Apache Hudi open source project, while fully leveraging native performance accelerations in Databricks and Snowflake.

Quick answer

Onehouse raised $25 Million in a Series A round, dated February 3, 2023. Onehouse is based in Menlo Park, California, United States.

How much did Onehouse raise?
Onehouse raised $25 Million in a Series A round on February 3, 2023.
What does Onehouse do?
Onehouse provides a cloud-native managed lakehouse service that makes data lakes easier, faster and cheaper.
Where is Onehouse based and how big is it?
Onehouse is based in Menlo Park, California, United States.
Who are the decision-makers at Onehouse?
Fundz holds 1 contact at Onehouse, including the Head of Product. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Onehouse that raised within 45 days of this round, from Fundz verified event records.

  • Reebelo raised an undisclosed amount (Series A) on March 20, 2023.
  • Illumix raised an undisclosed amount (Series A) on March 20, 2023.
  • Mainteny raised $2.9M (Seed) on March 20, 2023.
  • Alembic Technologies raised $94M (Seed) on March 20, 2023.
  • LokiBots raised an undisclosed amount (Funding Round) on March 18, 2023.
  • Fundpath raised $4.9M (Seed) on March 17, 2023.

Who to call at Onehouse, and when

A new round usually means Onehouse is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Onehouse

Location

Menlo Park, California, United States

About

Onehouse provides a cloud-native managed lakehouse service that makes data lakes easier, faster and cheaper. Onehouse blends the ease of use of a warehouse with the scale of a data lake into a fully managed product. Engineers can build data lakes in minutes, process data in seconds and own data in open source formats, not locked away to individual vendors. Onehouse is founded by a former Uber data architect and the creator of Apache Hudi who pioneered the fundamental technology of the lakehouse. The company is backed by Addition and Greylock.

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Related People

1 contact
Verified contactsKyle W., Head of Product hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Onehouse raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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

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