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Rockset

Rockset

Real-time cloud database for analytics

About

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 additional read replicas, making it efficient for large-scale operations. The company's goal is to transform how businesses manage real-time data, enhancing their operational efficiency and customer service.

Company Stage

Series B

Employees

51-200

Industries

Enterprise Software, Data & Analytics

Total Funding

$112.5M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • The acquisition by OpenAI could provide significant resources and integration opportunities, potentially enhancing Rockset's technology and market reach.
  • Rockset's clients, such as Command Alkon and Allianz Direct, have reported substantial operational improvements, indicating strong product efficacy.
  • The company's recent funding and revenue growth suggest a robust financial position and promising future prospects.

What critics are saying

  • Integration with OpenAI's infrastructure may lead to transitional challenges for existing customers, potentially causing disruptions.
  • The competitive landscape in real-time search and analytics is intense, with established players like Elasticsearch posing significant threats.

What makes Rockset unique

  • Rockset eliminates traditional data processing steps like ETL and denormalization, allowing for immediate complex queries using SQL, which is a significant time-saver compared to competitors.
  • The company's cloud-native architecture separates compute and storage, offering scalable and cost-effective solutions that only charge clients for what they use.
  • Rockset's ability to instantly scale queries per second (QPS) without additional read replicas makes it highly efficient for large-scale data operations, unlike many traditional databases.

Growth & Insights
Headcount

6 month growth

10%

1 year growth

13%

2 year growth

-6%

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

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