About Rockset
Rockset is a company based in San Mateo (United States) founded in 2016 was acquired by OpenAI in June 2024.. Rockset has raised $105.5 million across 5 funding rounds from investors including OpenAI, Icon Ventures and Glynn Capital. The company has 76 employees as of December 31, 2022. Rockset operates in a competitive market with competitors including Iguazio, Pecan, CHAOSSEARCH, m3ter and Swiftype, among others.
- Headquarter San Mateo, United States
- Employees 76 as on 31 Dec, 2022
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Rockset, Inc.
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Funding Insights of Rockset
Rockset has successfully raised a total of $105.5M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $44 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $44.0M
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First Round
First Round
(01 Jun 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Debt – Conventional - Rockset | Valuation |
investors |
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| Aug, 2023 | Amount | Series B - Rockset | Valuation | Icon Ventures | |
| Oct, 2020 | Amount | Series B - Rockset | Valuation | Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rockset
Rockset has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include OpenAI, Icon Ventures and Glynn Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sector-agnostic growth stage VC investment company funding companies in the US and Asia
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Founded Year | Domain | Location | |
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Investments are directed toward early and late-stage tech companies.
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Founded Year | Domain | Location | |
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Tech focused expansion stage VC firm in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rockset
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rockset
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rockset Comparisons
Competitors of Rockset
Rockset operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Iguazio, Pecan, CHAOSSEARCH, m3ter and Swiftype, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Streaming analytics platform provided for multiple industries worldwide.
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AI-based predictive intelligence platform
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AI powered analytical data processing platform
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| domain | founded_year | HQ Location |
SaaS platform for metering, pricing, and analytics is provided.
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| domain | founded_year | HQ Location |
Customizable search platforms for websites and enterprises are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rockset
Frequently Asked Questions about Rockset
When was Rockset founded?
Rockset was founded in 2016.
Where is Rockset located?
Rockset is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Who is the current CEO of Rockset?
Sam Altman is the current CEO of Rockset.
Is Rockset a funded company?
Rockset is a funded company, having raised a total of $105.5M across 5 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Jun 01, 2016.
How many employees does Rockset have?
As of Dec 31, 2022, the latest employee count at Rockset is 76.
What does Rockset do?
Founded in 2016 and based in San Mateo, United States, Rockset operates as a serverless search and analytics engine within the data technology sector. Data from real-time streams, data lakes, databases, and warehouses is ingested and processed directly in raw formats such as JSON, XML, CSV, Parquet, XLSX, or PDF. Services support applications requiring efficient querying and analysis. Clients served include Bosch, Deloitte, and Intel.
Who are the top competitors of Rockset?
Who are Rockset's investors?
Rockset has 7 investors. Key investors include OpenAI, Icon Ventures, Glynn Capital, Four Rivers Group, and K5 Global.
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