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[Funding News] CA-based Onehouse Raises $35M in Series B Funding

Onehouse raised a $35M Series B led by Craft Ventures, with participation from existing investors Addition and Greylock Partners, which will help us accelerate our pace of innovation and product development. Along with this announcement, Onehouse also launching two new products: LakeView, a free lakehouse observability tool for the OSS community, and Table Optimizer, which automates data lakehouse optimizations.

Onehouse raised a $35M Series B led by Craft Ventures, with participation from existing investors Addition and Greylock Partners, which will help us accelerate our pace of innovation and product development. Along with this announcement, Onehouse also launching two new products: LakeView, a free lakehouse observability tool for the OSS community, and Table Optimizer, which automates data lakehouse optimizations.

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Traditional databases and data warehouses have always been tightly integrated systems. Storage and processing are tightly coupled and optimized for performance. However, there’s a significant downside to this coupling. The biggest decision we see users regretting is choosing their compute engine vendor first and then having that choice dictate, “top-down,” their storage and data management options. An integrated data platform locks ingestion, storage, ELT pipelines, catalog and data services to the chosen engine – a cloud warehouse, database, or data lake engine. Reusing or sharing data with other processing engines is difficult or impossible.

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“Onehouse enables organizations to deploy a lakehouse in a matter of minutes – a critical function as the data lakehouse has become the standard architecture to centralize data and power new services like real-time analytics, predictive ML, and GenAI,” said Michael Robinson, partner at Craft Ventures. “One day, every organization will be able to take advantage of truly open data platforms, and Onehouse is at the center of this transformation.”

Onehouse provides the industry’s most open and interoperable lakehouse with support for the three leading table formats, Apache Hudi, Apache Iceberg, and Delta Lake, and with multi-catalog sync across all major cloud data warehouses and lake query engines. Onehouse allows users to ingest at scale with minute-level freshness, transform data incrementally, and keep tables automatically optimized for performance. Onehouse is delivered as a fully-managed cloud service that allows every organization to deploy a lakehouse with minimal engineering efforts.

“With Onehouse LakeView, we get all the observability tools we wanted to build for Hudi, without the effort,” said Shravana Krishnamurthy, Director of Engineering at Cardlytics.

“Onehouse LakeView is an easy and useful solution for monitoring lakehouse tables through a comprehensive user interface,” said Soumil Shah, Data Engineer Team Lead at JobTarget.

About Onehouse

Onehouse was founded in 2021 by data lakehouse pioneer Vinoth Chandar, Onehouse delivers a universal data lakehouse through a cloud-native managed lakehouse service built on Apache Hudi, which was created by the founding team while they were at Uber. Onehouse makes it possible to blend the ease of use of a warehouse with the scale of a data lake, by offering a seamless experience for engineers to get their data lakes up and running. Onehouse offers the widest interoperability for your data in the market across table formats, multiple compute engines and multiple cloud providers.

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