Rockset

Rockset

Real-time cloud-based search and analytics database

About Rockset

Simplify's Rating
Why Rockset is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

11-50

Company Stage

Debt Financing

Total Funding

$108.5M

Headquarters

San Mateo, California

Founded

2016

Overview

Rockset provides a cloud-native real-time search and analytics database. It lets teams ingest data without predefined schemas and run SQL queries on fresh data instantly, skipping traditional ETL and denormalization steps. The service separates compute and storage, so users pay only for what they use and can scale query throughput up and down without adding read replicas. This makes it easier to build real-time features and dashboards for applications across industries like construction, insurance, and gaming. Rockset differs from competitors by offering true zero-ETL ingestion with immediate SQL querying on real-time data, scalable per-second query processing, and a single real-time dataset that powers multiple applications. Its goal is to simplify real-time data processing in the cloud, reducing developer effort and enabling fast, cost-efficient analytics and search at scale.

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Simplify's Take

What believers are saying

  • OpenAI acquired Rockset for $117.5M, integrating technology into enterprise products.
  • Tripled revenue and doubled customers in past two years before acquisition.
  • Command Alkon handles 80% North America concrete tickets; Allianz enhances real-time pricing.

What critics are saying

  • OpenAI acquisition terminates Rockset independence, transitioning customers off platform.
  • RisingWave erodes market share with superior live stream handling in 3-6 months.
  • Zilliz captures AI vector workloads via Milvus scalability in 6-12 months.

What makes Rockset unique

  • Rockset's Converged Indexing combines inverted, columnar, and document indexes for optimized queries.
  • Schemaless ingestion enables SQL queries on raw semi-structured data without ETL pipelines.
  • Serverless architecture separates compute and storage for independent scaling.

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Funding

Total Funding

$108.5M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

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

Company News

GlobeNewswire
Sep 12th, 2024
Backblaze Deepens Sales Leadership Team

With more than 25 years of channel management experience, Dodson joined from Rockset (acquired by OpenAI), where she led the alliances and partner marketing functions and helped co-build joint GenAI opportunities with AWS, Confluent, and others.

Search Engine Journal
Jun 24th, 2024
OpenAI's Rockset Acquisition And How It May Impact Digital Marketing

OpenAI acquired a technology from Rockset that will enable the creation of new products, real-time data analysis, and recommendation systems, possibly signaling a new phase for OpenAI that could change the face of search marketing in the near future.

Forbes
Jun 24th, 2024
An Analysis Of OpenAI's Acquisition Of Rockset And Its Strategic Significance

Over the years, Rockset has raised a total of $109 million in funding from notable investors such as Greylock Partners, Sequoia Capital and Glynn Capital.

Reuters
Jun 21st, 2024
OpenAI buys database analytics firm Rockset in nine-figure stock deal, sources say

Microsoft-backed OpenAI has acquired search and database analytics startup Rockset to provide better infrastructure for its enterprise products, the ChatGPT maker said on Friday.

Mashable
Jun 21st, 2024
OpenAI acquires search and analytics startup Rockset. What does that mean?

Details of how Rockset's real-time search and analytics database will integrate with OpenAI's products are unclear (as is the sum OpenAI is paying to acquire Rockset).

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