Tabular is a cloud-native managed storage engine that offers services based on Apache Iceberg tables, an open-source format for analytic tables. It simplifies data ingestion into Iceberg tables and automatically optimizes Iceberg storage, improving efficiency by reducing data size and accelerating queries. Being Iceberg-based, Tabular integrates with any query engine and includes a centralized, role-based access control security layer.
As a cloud-native SaaS offering, it supports a wide range of compute engines, automatically optimizing storage for faster, more cost-effective queries while providing centralized RBAC enforcement down to the data-table level.
The company was acquired by Databricks, for over USD 1 billion in June 2024. Post acquisition, both companies planned to collaborate with the Delta Lake and Iceberg communities to achieve format compatibility.
Key customers and partnerships
Tabular has partnered with Snowflake, Databricks, Alibaba Cloud, Starburst, and Amazon Athena as vendors to provide its services.
The company's key customers include Netflix, Apple, Airbnb, Stripe, Pinterest, and LinkedIn, among others.
Funding and financials
In September 2023, Tabular raised USD 26 million in its latest funding round led by Altimeter Capital, with participation from Andreessen Horowitz and Zetta Venture Partners. The fresh funds were to be used to expand its market reach. The total funds raised by the company stood at USD 37 million as of March 2024.
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