MotherDuck offers a collaborative serverless analytics platform based on DuckDB, an open-source SQL database management system. The solution provides users with cloud database storage to manage their DuckDB database in the cloud, as well as an SQL analytics engine to run SQL queries. This in turn enables users to build software-as-a-service apps with analytics capabilities, either as a data warehouse or a query engine for a data lake.
The company claims that its platform executes analytical queries faster than alternatives like PostgreSQL while enabling users to run and query data from a range of sources, including a web browser. As of September 2023, the platform offered integration with 25+ third-party tools such as Cube, dltHub, Evidence, GoodData, Kestra, and Metabase for import, orchestration, and business intelligence. Furthermore, during the same period, the company announced that it planned to add integrations with both Fivetran and Tableau, as well as a number of improvements to its platform including faster data import, improved notebook interface and database sharing, and optimized hybrid query planning.
Key customers and partnerships
As of September 2023, the company served almost 2,000 users, including companies like ATM.com. Moreover, MotherDuck closely partners with DuckDB Labs, the software development company behind DuckDB, to support the development of its analytics platform.
Funding and financials
In September 2023, MotherDuck raised USD 52.5 million in Series B funding led by Felicis at valuation of USD 400 million. The company earmarked the funding to expand its employee base to 45 members by the end of the year (specifically by adding its go-to-market and engineering teams).
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