Snowflake, Databricks Challenger Clickhouse Hits $15B Valuation

Snowflake, Databricks challenger Clickhouse has hit a $15 billion valuation after a $400 million round led by Dragoneer. This valuation marks a significant milestone for the company, which has been gaining traction in the data warehousing market.

Clickhouse has been gaining popularity among data analysts and scientists due to its high-performance capabilities and ease of use. The company's valuation is expected to continue growing as it expands its customer base and develops new features.

The $400 million round was led by Dragoneer, with participation from other investors. This funding will be used to further develop Clickhouse's product and expand its sales and marketing efforts.

Snowflake and Databricks are two of the leading players in the data warehousing market, and Clickhouse's $15 billion valuation is a testament to its growing presence in the industry.

Sources

[2] Snowflake, Databricks challenger Clickhouse hits $15B valuation