Rockset

Rockset

Next generation cloud data infrastructure. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD273m (Public information from Aug 2023)
San Mateo California (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD201820192020202120222023
Revenues1.4m2.5m3.5m6.8m27.5m27.5m
% growth-76 %40 %93 %307 %-
  • Edit
DateInvestorsAmountRound
N/A

$3.0m

Seed
N/A

$3.0m

Seed

$18.5m

Series A

$40.0m

Series B
*

$37.0m

Valuation: $200m

Late VC
*
N/A

$7.0m

Debt
*

N/A

Acquisition
Total FundingCAD138m

Recent News about Rockset

Edit
More about Rocksetinfo icon
Edit

Rockset is a cutting-edge startup specializing in real-time search and analytics databases designed for the cloud. The company’s primary focus is to enable businesses to build and deploy real-time features and applications quickly and efficiently. Rockset serves a diverse range of clients, including those in construction, insurance, and gaming industries, who need to process and analyze large volumes of data in real-time.

Operating in the cloud database market, Rockset offers a unique solution that eliminates the need for traditional data processing steps like ETL (Extract, Transform, Load) and denormalization. This means that businesses can ingest data without predefined schemas and immediately run complex queries using SQL (Structured Query Language). This flexibility saves thousands of developer hours and accelerates the development of new features.

Rockset’s business model revolves around providing a cloud-based service that clients subscribe to. The company makes money through subscription fees based on the compute and storage resources clients use. By offering a scalable solution that separates compute and storage, Rockset ensures that clients only pay for what they use, making it a cost-effective option.

The company’s technology allows for instant scaling of queries per second (QPS) without the need for additional read replicas, making it highly efficient for handling large-scale data operations. This is particularly beneficial for businesses that need to serve multiple applications from a single real-time dataset.

Rockset’s clients have reported significant improvements in their operations. For example, Command Alkon uses Rockset to manage data for construction materials logistics, handling over 80% of concrete delivery tickets in North America. Allianz Direct leverages Rockset for real-time pricing in digital insurance, enhancing their customer service and operational efficiency.

In summary, Rockset is revolutionizing the way businesses handle real-time data with its cloud-native search and analytics database, offering unparalleled speed, flexibility, and cost efficiency.

Keywords: real-time, cloud database, search, analytics, SQL, scalability, cost-efficient, data ingestion, real-time indexing, cloud-native.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.