ClickHouse has tripled its annualized revenue to $250 million and is positioning for an IPO, with expectations to reach high-nine-digit revenue by year-end. The database company, valued at $15 billion after a recent $400 million Series D, is actively acquiring startups to enhance its AI capabilities. The hiring of a former Snowflake executive as CFO signals serious IPO preparation, with the company eyeing public markets as the IPO window reopens.
Background
ClickHouse is an open-source column-oriented database management system known for its high performance in online analytical processing (OLAP). The company was founded in 2021 as a commercial entity behind the open-source project, which was originally developed at Yandex.
- Source
- TechCrunch
- Published
- May 27, 2026 at 09:04 PM
- Score
- 7.0 / 10