Snowflake, Databricks challenger Clickhouse hits $15B valuation

3 months ago 36

In Brief

Posted:

2:05 PM PST · January 16, 2026

Drawing depicting Data monitoring and investigation conception with pistillate sitting astatine machine looking astatine information and assorted tables and graphs surrounding it.

Database supplier ClickHouse secured $400 cardinal astatine a $15 cardinal valuation, Bloomberg reported, representing astir a 2.5x summation from its $6.35 cardinal valuation past May. The circular was led by Dragoneer Investment Group, the startup said, with information from investors including Bessemer Venture Partners, GIC, Index Ventures, Khosla Ventures, and Lightspeed Venture Partners.

ClickHouse, which spun retired from Russian hunt elephantine Yandex successful 2021, develops database bundle designed to process the monolithic datasets required by AI agents. The institution competes with Snowflake and Databricks.

The institution besides announced the acquisition of Langfuse, a startup that helps developers way and measure the show of their AI agents. Langfuse competes straight with LangSmith, LangChain’s observability platform.

ClickHouse database is open-sourced, and it makes wealth by selling managed unreality services, which saw yearly recurring gross (ARR) turn by much than 250% year-over-year, it said. The company’s customers see Meta, Tesla, Capital One, Lovable, Decagon, and Polymarket.

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