May 30, 03:26 AM

Khosla Ventures Leads $350 Million Series C for ClickHouse; Nebius Participates with $6B Stake Amid 300% 2024 Revenue Growth

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.

#ClickHouse #Khosla Ventures #Nebius #Arkady Volozh #Aaron

Written with ChatGPT (GPT-4).

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Khosla Ventures Leads $350 Million Series C for ClickHouse; Nebius Participates with $6B Stake Amid 300% 2024 Revenue Growth

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