ClickHouse Secures 400 Million Dollars in Series D Funding at 15 Billion Dollar Valuation

ClickHouse raised 400 million dollars to expand its real-time analytics platform for AI. The round led by Dragoneer values the firm at 15 billion dollars.

Insights:
ClickHouse, a database management company, announced on Friday that it has raised $400 million in a Series D funding round, achieving a $15 billion valuation. This financing was led by Dragoneer Investment Group, with participation from Bessemer Venture Partners, GIC, and Index Ventures. The event highlights significant venture capital interest within the US USUSfor infrastructure that supports artificial intelligence deployment, as companies seek fast and cost-efficient data processing solutions.
FILE PHOTO: AI (Artificial Intelligence) letters and a robot hand are placed on a computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: AI (Artificial Intelligence) letters and a robot hand are placed on a computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.