Accelerating enterprise transformation toward high-performance analytics with ClickHouse
Bessemer Venture Partners invests in ClickHouse Inc's Series C as the company rapidly transforms the enterprise data infrastructure landscape.
At Bessemer, we strongly believe that authentic user evangelism is one of the most powerful forces in fueling the rise of the next category-defining, developer-centric business. In a world where developers have more choices today than ever before, it takes a very special company to not only earn adoption, but sustain grassroots endorsement over time. Throughout the years of roadmapping the AI infrastructure and data infrastructure landscape, we kept hearing of ClickHouse, a project that quickly captured the attention of developers like lightning in a bottle.
The future of data infrastructure is already here
Data is growing exponentially, not just in volume, but in velocity and variety—pushing the limits on current infrastructure tooling. The volume of generated data, especially unstructured data, is projected to skyrocket by 2030, driven by the wave of ML/AI excitement and synthetic data produced by generative models across all modalities.
ClickHouse Inc is rising to the challenge of building the backbone of enterprise data infrastructure with its open-source online analytical processing (OLAP) database—enabling ultra-fast analytics processing on massive datasets. That’s why we’re thrilled to back ClickHouse in their Series C funding as AI innovation catalyzes an evolution in data infrastructure across many vectors. With over 40,000 stars, ClickHouse is wildly popular—being praised as the fastest OLAP database and easy to deploy by a variety of developers.
Why we invested
While all the effusive feedback for ClickHouse across global channels caught our eye, it was the advocacy from our own portfolio companies—many in real-time domains like AI and cyber are built on ClickHouse—that reinforced to us ClickHouse’s true magic. It’s a core technology empowering new businesses that rely on immediate data-driven decision making to exist and thrive by delivering unprecedented speed, scalability, and cost-efficiency. Enterprises also experience ClickHouse’s transformative power with the platform unlocking the modernization of tech stacks across analytics, warehousing, and observability, enabling lower latency at a more efficient scale.
ClickHouse was first developed at Yandex by Alexey Milovidov and then open-sourced in 2016. Co-founders Aaron Katz and Yury Izrailevsky joined forces with Milovidov bringing along years of enterprise sales and engineering experience from Elastic, Google, Netflix, and Salesforce. Now, as one of the most popular open-source databases in the world, ClickHouse is leveraged by Fortune 500 companies and early-stage startups alike.
We've confidently partnered with ClickHouse’s founders and their exceptional team as they transform the data infrastructure landscape by enabling global organizations to access faster queries without skyrocketing costs. This is an endeavor that doesn’t just require world-class technical expertise, but also a visionary product eye and deep developer empathy. We couldn’t think of a more fitting founding team to be pursuing this mission and are excited to see ClickHouse usher in the next generation of enterprise data infrastructure, purpose-built for the AI age.
