The development team of ClickHouse has moved to a new company called ClickHouse Inc., which received nearly $50M in Series A funding. The company was founded by the creator of ClickHouse, who will continue as Chief Technology Officer (CTO), with two co-founders joining him: Yury Izrailevsky, running product and engineering, and Aaron Katz, CEO. ClickHouse started as an experimental project to generate analytical reports in real-time from non-aggregated data that is constantly added in real-time. It was released in 2012 and became popular due to its applicability as a database management system. Making it open source was not easy but has been a big win, with thousands of companies deploying it worldwide for various use cases. ClickHouse's high query processing speed and data storage efficiency are its most notable advantages, making it suitable for companies that want to improve their data processing efficiency. The company aims to make ClickHouse the first choice of analytical database management systems, making it more widespread and universally accepted across the world.