Rockset, a San Mateo, CA-based serverless search and analytics company, raised $21.5m in seed and Series A funding.
The Series A round was $18.5m. Backers included Greylock Partners and Sequoia Capital. Both Jerry Chen, a partner at Greylock, and Mike Vernal, a partner at Sequoia, have joined the board.
Founded by Venkat Venkataramani and Dhruba Borthakur, Rockset has just launched a cloud service that runs SQL directly on raw data to shorten path from data to applications. The solution is designed to serve applications and live dashboards directly from raw data, in real-time.
Rockset allows fast SQL on JSON, XML, CSV, and Parquet, without requiring any data preparation. Its patent-pending Converged Indexing™ is backed by RocksDB, which, combined with its Distributed Query Processing Engine, delivers the performance and scale necessary for operational applications and interactive data science.
FinSMEs
01/11/2018