All Updates

All Updates

icon
Filter
Product updates
Funding
Onehouse raises USD 35 million in Series B funding to enhance data lakehouse performance
Data Infrastructure & Analytics
Jun 26, 2024
This week:
Partnerships
MGI Tech and Predica Diagnostics collaborate to develop Predica's targeted RNA sequencing tests
Precision Medicine
Yesterday
Partnerships
Renalytix partners with Steno Diabetes Center to advance precision medicine solutions for diabetes and chronic kidney disease
Precision Medicine
Yesterday
Partnerships
Myriad Genetics and Personalis cross-license patents for tumor-informed cancer treatment tests
Precision Medicine
Yesterday
Funding
Element Biosciences raises USD 277 million in Series D funding to commercialize AVITI DNA sequencer and support AVITI24 launch
Precision Medicine
Yesterday
Funding
Jacobi Robotics raises USD 5 million in seed funding to expand capacity
Smart Factory
Yesterday
M&A
Formlabs acquires Micronics for undisclosed sum to develop next-generation SLS printers
Additive Manufacturing
Yesterday
Partnerships
Anthropic partners with Amazon Bedrock to fine-tune Claude 3 Haiku model
Foundation Models
Yesterday
Funding
Lemon.markets raises EUR 12 million in funding to support growth
FinTech Infrastructure
Yesterday
M&A
Kipu Quantum acquires PlanQK platform to enhance accessibility to quantum computing solutions
Quantum Computing
Yesterday
Partnerships
Quantinuum and STFC Hartree Centre partner to enhance quantum computing accessibility in UK
Quantum Computing
Yesterday
Data Infrastructure & Analytics

Data Infrastructure & Analytics

Jun 26, 2024

Onehouse raises USD 35 million in Series B funding to enhance data lakehouse performance

Product updates
Funding

  • Onehouse, a data lakehouse company, raised USD 35 million in a Series B funding round led by Craft Ventures, with participation from existing investors Addition and Greylock Partners. The funding brings Onehouse's total funding to USD 68 million.

  • The fresh funds will be used to accelerate product development, including enhancements to Onehouse's Universal Data Lakehouse platform. This platform provides an interoperable solution for data management across different table formats, data catalogs, query engines, and cloud providers.

  • Onehouse also launched two new products aimed at increasing data lakehouse performance and reducing cloud costs: LakeView, a free service for monitoring and managing data lakehouse tables, and Table Optimizer, a managed service that optimizes existing tables for faster data ingestion, ETL, and query performance of up to 10x.

  • Onehouse offers a cloud-native, fully-managed data service known as a lakehouse, utilizing Apache Hudi technology. This service aims to combine a data warehouse's user-friendly aspects with a data lake's expansive capabilities. Users can swiftly establish their data lakes, process data rapidly, and retain ownership in open formats, providing flexibility beyond proprietary vendor lock-ins.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.