Rockset provides a search and analytics database that ingests streaming data to deliver low-latency search, filtering, aggregations and joins using SQL. The company uses a Converged Index storage format stored on RocksDB and has extended its capabilities into real-time vector search, allowing indexing and updating of metadata and vector embeddings. Rockset is positioned as a replacement for Elasticsearch in fintech, gaming, e-commerce and logistics use cases. Typical applications include recommendation engines, chatbots, risk analytics for fraud detection, logistics tracking, and real-time search and reporting in SaaS products. The company is led by CEO Venkat Venkataramani and plans to use new funding to innovate in real-time AI and expand go-to-market initiatives. The article does not provide operating metrics such as revenue or user counts. Rockset offers a cloud-native analytics service that enables full-featured, fast SQL directly on raw data, including structured, semi-structured, geographical, and time-series data. The platform automatically builds a converged index on any data to deliver high-performance search and analytics at scale. Rockset positions its service so developers and data scientists can move from raw data to useful applications in minutes rather than months. The company reported strong recent traction: revenue grew 290% in the last quarter, queries on the platform are up 313%, and it has added hundreds of new users. Rockset was founded in 2016 by the creators of RocksDB. Investor interest and these operating metrics indicate accelerating momentum for the business. Rockset launched out of stealth with a data platform designed to simplify data processing and accelerate querying and application building. The service ingests data from anywhere, automatically builds schemas, cleans data, and manages infrastructure so developers and data scientists can query raw data using standard SQL without pipelines. Rockset says it uses multiple indexing techniques that combine ideas from search engines and columnar databases to deliver fast queries out of the box. The company offers this functionality as a service so teams can go from raw data to useful applications in minutes rather than months. Rockset was founded in 2016 and is led by co-founder and CEO Venkat Venkataramani, a former Facebook engineer. It launched with $21.5M in prior funding, including a $3M seed and an $18.5M Series A.

Total raised

$103M

Funding rounds

3

Latest round

Equity

Latest activity

Aug 2023