Announcing Our Series A Funding
Blog post from Onehouse
Onehouse has emerged as a significant player in the data lakehouse landscape, offering an open, fully-managed, cloud-native service aimed at simplifying and enhancing the construction and operation of data lakes, while providing cost-effective and automated solutions akin to cloud data warehouses. Since its inception a year ago, Onehouse has engaged with over 100 organizations to address data lake and warehouse challenges, culminating in a $25M Series A funding round led by Addition and Greylock Partners. The company promotes a horizontal integration approach, enabling different engines to access a common, well-managed cloud data storage, thus addressing cost concerns and alleviating dependency on proprietary services. Apache Hudi, a key technology in their offering, facilitates real-time data processing and has gained traction for its capabilities in handling mutable transactional data. As Onehouse continues to innovate, the company envisions a future where data storage and management are decoupled from compute engines, reducing data lock-ins and driving the evolution of data lakehouse technology toward a more user-centric and efficient ecosystem.
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