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To make powerful data platforms available to real-time application developers everywhere.
-20% employee growth in 12 months
The process of analyzing huge data sets into actionable insights can be daunting even to the most experienced data scientists. Massive variations in data types mean that bespoke solutions for different data queries must be conducted, with no uniform SQL solution currently available.
Rockset provides a means for uniform data analysis querying through a cloud-based platform. The platform allows users to utilize a suite of modular cloud-based services to build real-time dashboards and data-intensive applications. These applications can be used to analyze any form of data through basic SQL querying, including the analysis of semi-structured, time series, and geographical data sets.
With plenty of automated data analysis tools on the market, Rockset has found a way to stand out by facilitating the creation of custom dashboards for bespoke data analysis setups. The company developed the dashboard with hopes that it could help developers spend less time figuring out how to interpret variations of raw data and more time using the insights gained.
Having raised significant funding and displaying impressive growth, Rockset continued to triple revenue and double its customer base year-over-year. The company showed no signs of stopping as it moved further to improve its services, before its acquisition by OpenAI, which will see its technology integrated into the OpenAI product suite. This marks a new chapter for Rockset, and OpenAI's enterprise model business will certainly benefit from Rockset's data analysis tools. Rockset will benefit long-term from being OpenAI's first acquisition, a testament to the startup's success to date.
Kirsty
Company Specialist at Welcome to the Jungle
Aug 2023
$37m
LATE VC
Oct 2020
$40m
SERIES B
This company has top investors
Venkat Venkataramani
(CEO)Venkat started their career with over 5 years at Oracle, before spending 8 years at Facebook. They left their Engineering Director Position in September 2015 to co-found Rockset a year later.
Dhruba Borthakur
(CTO)Having studied at the University of Wisconsin-Madison, Bhruba worked in Software for the CDOT, IBM, Oreceipt, and Veritas Software. After roles at Yahoo! and Facebook for a combined decade, they co-founded Rockset in September 2016.