Nebius participates in ClickHouse Series C; crystallizes value of asset to fund hypergrowth of core AI infrastructure business https://t.co/7WFOEoIy4L https://t.co/w7oxEOgUx3
$NBIS | Nebius participates in ClickHouse Series C; crystallizes value of asset to fund hypergrowth of core AI infrastructure business Arkady Volozh, founder and CEO of Nebius, said: “We are extremely impressed with what Aaron and his team have achieved to date, and believe https://t.co/1gyYC5q3fq
Khosla Ventures leads $350m raise for AI-driven database firm https://t.co/enKkoQs0ao
ClickHouse, a database firm specializing in real-time analytics for the AI era, has secured $350 million in a Series C funding round led by Khosla Ventures. The company experienced rapid revenue growth, reportedly increasing by 300% in 2024 following a 500% growth in 2023, albeit from a small base. Nebius, holding a 28% stake valued at $6 billion, participated in the funding round to crystallize the value of its asset and support the hypergrowth of its core AI infrastructure business. Arkady Volozh, founder and CEO of Nebius, expressed strong confidence in ClickHouse's achievements under CEO Aaron's leadership. Market optimism includes hopes for ClickHouse to eventually achieve an IPO valuation between $20 billion and $30 billion.