Rockset Raises $40 in Series B Funding

Funding Rounds

▤ Summary

The round, which brought the total amount raised by the company to $61.5m, was led by Sequoia with participation from Greylock. The company intends to use the funds to grow the team to accelerate product innovation and expand go-to-market efforts. Led by Venkat Venkataramani, co-founder and CEO, Rockset is a real-time database in the cloud. Built by the creators of RocksDB, Rockset automatically builds a Converged Index™ on any data — including structured, semi-structured, geographical and time series data — for high-performance search and analytics at scale. The company also announced support for secure private deployments, providing all of the benefits of Rockset within a customer’s AWS Virtual Private Cloud (VPC) to meet the stringent security and compliance standards of large enterprises.

$ Funding

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Amount $40.0M Total raised
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Date October 27, 2020 Announcement date
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Investors - Lead investors
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Company - Funded company

▥ Classifications

industries
Entertainment
applications
Data Management

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▦ Linked Companies

Rockset
$10M to $25M