Cloud Data Warehouse platforms

Updated: July 30, 2023

Cloud Data Warehouse platforms are powerful solutions that enable businesses to store, process, and analyze large volumes of structured and unstructured data in the cloud. These platforms provide a centralized and scalable repository for data from various sources, allowing organizations to consolidate and integrate data from disparate systems. Cloud Data Warehouse platforms offer advanced data transformation and query capabilities, enabling users to perform complex analytics and gain valuable insights from their data. With elastic computing resources, these platforms can handle massive workloads and support high-performance data processing, even during peak demand periods. Moreover, they often integrate with popular business intelligence tools and data visualization platforms, making it easier for users to derive meaningful insights and make data-driven decisions. By leveraging Cloud Data Warehouse platforms, businesses can achieve faster data analysis, reduce IT infrastructure costs, and drive innovation and competitiveness through data-driven strategies.

See also: Top 10 Public Cloud Platforms

2021. Firebolt raises $127M for its new approach to cheaper and more efficient big data analytics



Snowflake revolutionized the realm of data warehousing for numerous companies, opening up new possibilities. Now, a startup aiming to disrupt the disruptor, Firebolt, has successfully secured $127 million in Series B funding. Firebolt asserts that its performance surpasses other data warehouses by up to 182 times, thanks to its SQL-based system. This system incorporates groundbreaking techniques in compression and data parsing, derived from academic research that had not yet been implemented elsewhere. By employing these innovative methods, Firebolt enables data to be handled more efficiently, resulting in lighter data footprints. Consequently, data lakes can seamlessly integrate with a broader data ecosystem, significantly reducing the cloud capacity requirements and lowering costs for organizations.


2021. Meroxa raises $15M for its real-time data platform



Meroxa, a startup focused on simplifying the process of building data pipelines to support both analytics and operational workflows, has secured $15 million in a Series A funding round. Meroxa offers a compelling proposition by providing businesses with a unified platform to address their diverse data requirements, eliminating the need for an expert team to construct and manage the underlying infrastructure. Central to Meroxa's solution is a comprehensive software-as-a-service offering that seamlessly connects relational databases to data warehouses, enabling businesses to effectively utilize and operationalize their data. With Meroxa, organizations can streamline their data management processes and unlock valuable insights without the complexities typically associated with data integration and pipeline development.


2021. AI Data management company Databricks raises $1B



Databricks, the company specializing in data and AI solutions that interact with corporate data stored in the public cloud, has successfully raised $1 billion in funding. Databricks generates revenue by offering its open-source products as software services, and its performance in this area has been exceptional, attracting a flurry of investors eager to be part of the deal. Initially aiming for a more modest $200 million raise, the company saw interest grow rapidly, leading to the final funding amount of $1 billion. Databricks even had to decline additional capital, as it made the decision to cap the funding round at $1 billion.


2020. Hightouch raises $2.1M to help businesses get more value from their data warehouses



Hightouch, a SaaS service specializing in data synchronization across sales and marketing tools, has emerged from stealth mode and announced a successful $2.1 million seed funding round. With the growing adoption of data warehouses such as Snowflake, Google's BigQuery, and Amazon Redshift, businesses now possess a centralized repository for their customer data. Traditionally, this data has been primarily used for analytical purposes. However, there is significant value in leveraging it for operational functions, such as empowering different business teams to drive marketing campaigns or enabling product personalization. Hightouch offers a solution that empowers users to create SQL queries and seamlessly transfer the resulting data to various destinations, including popular platforms like Salesforce for CRM or Marketo for marketing purposes. Additionally, Hightouch ensures compatibility by transforming the data into the required format for each destination platform, facilitating smooth and efficient data integration.


2020. Firebolt raises $37M to take on Snowflake, Amazon and Google with a new approach to data warehousing



Firebolt, a pioneering startup, has secured $37 million in funding as it aims to challenge industry giants such as Snowflake, Amazon, and Google in the realm of enterprise data analytics. Firebolt has developed an advanced approach to data assessment, analysis, and utilization, offering a more comprehensive solution. While current data warehouses have primarily addressed the challenge of cloud migration and scalability, Firebolt shifts the focus towards speed and efficiency. The startup asserts that its performance surpasses other data warehouses by up to 182 times. Firebolt utilizes a SQL-based system built upon novel principles derived from academic research. These principles revolutionize data handling by employing innovative compression techniques and advanced data parsing methods. Furthermore, Firebolt facilitates seamless integration with data lakes, forming a cohesive data ecosystem. As a result, the platform significantly reduces cloud capacity requirements, translating into enhanced operational efficiency.


2020. Google quietly acquires data warehouse management startup Dataform



Dataform, a U.K.-based startup that developed an innovative "operating system" for data warehouses, has been discreetly acquired by Google's Google Cloud division. Dataform's primary goal was to assist data-rich companies in extracting valuable insights from their stored data. Traditionally, mining data for business intelligence necessitates a team of data engineers and analysts. However, Dataform sought to simplify this process, enabling organizations to leverage their data assets more efficiently, quickly, and cost-effectively. The acquisition by Google Cloud demonstrates the recognition of Dataform's transformative approach to data management and its potential to enhance data utilization within enterprises.


2020. Altinity grabs $4M to build cloud version of ClickHouse open-source data warehouse



Altinity, the commercial entity responsible for the open-source ClickHouse data warehouse, has recently revealed a $4 million seed round, alongside the introduction of their new cloud service, Altinity.Cloud. Altinity.Cloud provides seamless access to fully operational ClickHouse clusters, accompanied by comprehensive enterprise support throughout the entire application life cycle. The service extends its assistance beyond application design and implementation to include production guidance, effectively merging consulting expertise with cloud infrastructure.


2020. Data dashboard startup Count raises $2.4M



Count, a startup aiming to create a comprehensive data platform, has successfully secured $2.4 million in funding. Count focuses on providing cost-effective data pipeline building tools to early-stage teams. It offers a centralized solution for aggregating data and generating reports that can be accessed by the entire team. With Count's powerful notebooks, team members can share insights within the relevant context and query data without the need to learn SQL. Count competes with various solutions, including data warehouses like Snowflake, data cleaning tools like DBT, and analytics platforms such as Looker.