About Rockset
Rockset provides real-time search and analytics databases in the cloud, allowing businesses to quickly build applications that process data in real-time. Its product enables users to ingest data without predefined schemas and run complex SQL queries immediately, eliminating traditional data processing steps. Rockset stands out by allowing instant scaling of queries without needing extra read replicas, making it efficient for large-scale operations. The company's goal is to transform how businesses manage real-time data, enhancing operational efficiency across various industries.
San Mateo, CaliforniaHeadquarters
2016Year Founded
$98.7MTotal Funding
DEBTCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
51-200Employees
Benefits
Financial - Competitive salaries, 401k match, and financial planning resources
Health - Fully funded comprehensive health, dental, and vision plans
Family - 4 month paid parental leave and fertility benefits to support you and your growing family
Unlimited PTO - Take PTO when you need it; the only restriction is it should be at least 3 weeks per year (seriously!)
Flexibility - Flexible work hours and locations, including freedom to be fully or partially remote
Cutting-edge tech - All the best tech to get your work done, including office allowances for remote employees
Food - Lunch provided daily, both in-office and remote
Fun - Company events year-round, including work from Tahoe week, BBQs, quarterly on-sites, happy hours and board game nights
Risks
Integration challenges with OpenAI may delay synergy realization, affecting customer satisfaction.
Transitioning existing customers post-acquisition may lead to customer churn.
Intensifying competition from companies like Elasticsearch could impact market share.
Differentiation
Rockset eliminates the need for ETL, enabling real-time data processing.
The platform supports SQL queries on raw data without predefined schemas.
Rockset's cloud-native architecture allows instant scaling without additional read replicas.
Upsides
OpenAI's acquisition could enhance Rockset's AI-driven analytics capabilities.
Rockset's new architecture offers a 30% cost reduction, attracting cost-sensitive clients.
Partnerships with AWS and Confluent could expand market reach and innovation.
Funding
Total raised$98.73 M
Latest valuation$200.00 M
StageDEBT
LATE VC
7/31/2023$37
$200.00 MDEBT
7/31/2023$7
SERIES B
9/30/2020$40
$200.00 MSERIES A
10/31/2018$18
$92.50 MSEED
7/31/2016$3
$15.00 M