Ahana Raises Additional $7.2M in Funding

ahana

Ahana, a San Mateo, CA-based provider of a Software as a Service for Presto, raised $7.2M in funding, extending its Series A financing to $27.2 million.

The round was led by Liberty Global Ventures with participation from existing investor GV.

The company intends to use the funds to continue to grow its technical team and product development; evangelize the Presto community; and develop go-to-market programs.

Led by CEO Steven Mih, Ahana is a SaaS for Presto on AWS with the vision to be the SQL engine for the Open Data Lakehouse. Presto, the open source project created by Meta and used at Uber, Twitter and thousands more, is the de facto standard for fast SQL processing on data lakes. Ahana Cloud delivers Presto SaaS and enables data platform teams to provide high performance SQL analytics on their S3 data lakes and other data sources.

Ahana also announced today Ahana Cloud for Presto Community Edition, designed to simplify the deployment, management and integration of Presto, an open source distributed SQL query engine, for the Open Data Lakehouse. Ahana Community Edition is immediately available to everyone, including users of the 100,000+ downloads of Ahana’s PrestoDB Sandbox on DockerHub. It provides distributed Presto cluster provisioning and tuned out-of-the-box configurations, bringing Presto to data teams of all sizes for free. Instead of downloading and installing open source Presto software, data teams can learn about Presto and deploy initial SQL data lakehouse use cases in the cloud. Community Edition users can easily upgrade to the full version of Ahana Cloud for Presto, which adds increased security including integration with Apache Ranger and AWS Lake Formation, price-performance benefits including multi-level caching, and enterprise-level support.

FinSMEs

17/06/2022

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