ClickHouse Valuation Soars to $6.35 Billion in New Funding Round
Database technology startup ClickHouse Inc. has seen its valuation nearly triple to $6.35 billion following a significant funding round, according to a person familiar with the matter. This development highlights investors’ growing enthusiasm for companies that are poised to power the use of artificial intelligence.
The $350 million financing round was led by Khosla Ventures, and ClickHouse is set to announce this news on Thursday. The startup’s data platform is designed to provide fast and cost-effective responses to queries, which will enable companies to run and build AI tools more efficiently, alongside handling other day-to-day tasks.
ClickHouse is positioning itself as a potential competitor to Snowflake, leveraging its technology to support the growing demands of AI-driven applications. The investment underscores the confidence investors have in the startup’s ability to capitalize on the increasing need for robust data management solutions in the AI era.
