ClickHouse in Talks for Funding as a Faster Snowflake Alternative

ClickHouse, a fast-growing database software firm specializing in real-time analytics, is in advanced discussions to raise several hundred million dollars in new funding at a valuation of $6 billion, according to people familiar with the matter. The deal, which is expected to be led by Khosla Ventures, would triple the company’s valuation from its last round in 2021 and marks a notable exception to the broader slowdown in software valuations since that time. The company’s core product is a high-performance analytical database management system (DBMS) optimized for online analytical processing (OLAP). ClickHouse has gained traction with engineering-heavy teams that need to run large-scale queries against real-time data, clicks, logins, sessions without the lag associated with traditi