Raising our Series B and Our Quest For the Most Open and Interoperable Data Platform
Blog post from Onehouse
Onehouse, a company focused on developing an open data architecture, recently raised $35 million in Series B funding led by Craft Ventures, with participation from existing investors Addition and Greylock Partners, to accelerate innovation and product development. The company has launched two new products: LakeView, a free lakehouse observability tool, and Table Optimizer, which automates data lakehouse optimizations. Onehouse emphasizes the importance of an open data architecture, advocating for decoupling storage and data management from the query engine to allow organizations to choose the right tools for various use cases, such as Generative AI or predictive ML, without data lock-in. The company is also working on table format and catalog interoperability to prevent data silos and compute lock-in, while promoting the use of open-source data processing frameworks like Apache Spark or Flink. Onehouse envisions providing a fully managed data lakehouse as a cloud service, enabling organizations to leverage both open-source solutions and managed services to meet their data needs without compromising on openness or flexibility.
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