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Ahana Expands Seed Funding to $4.8 Million with Additional Funding Led by Lux CapitalGrows technical leadership team with three key co-founders from Alibaba, Uber and Walmart running major Presto deployments; Funding to be used to accelerate R&D for Presto-as-a-service offering and contributions to open source community SAN MATEO, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Ahana, the self-service analytics company for Presto, today announced an additional investment of $2.3 million in seed financing led by new investor Lux Capital, along with participation from existing investor GV (formerly Google Ventures), bringing total funds raised to $4.8 million. Ahana has also expanded its technical team with three new co-founders adding top Presto and core database talent from Alibaba, Uber and Walmart, each responsible for running major Presto deployments. The seed extension comes just three months after Ahana announced its commitment to grow the Presto community and deliver Presto-based analytics products. Today, in a separate announcement, Ahana unveiled Ahana Cloud for Presto (see: Ahana Unveils First Cloud-native Managed Service for Presto on AWS). Previously, Ahana had made available the completely open source PrestoDB Amazon Machine Image (AMI) on the AWS Marketplace as well as a PrestoDB container on DockerHub to support the community. Joining Cofounder and CEO Steven Mih; Cofounder and Chief Product Officer Dipti Borkar; and Cofounder and CTO David Simmen, the Ahana team now includes:
“With data spread across many sources, particularly data lakes, a federated SQL approach is replacing the traditional data warehouse model and Presto is poised to become the new SQL query engine of choice for running across data stores,” said Brandon Reeves, Principal, Lux Capital. “Ahana is the only company to make Presto ubiquitously available via unrivaled ease of use and affordability with its managed service model, and, combined with their stellar team having deep Presto and database experience, we believe they are positioned to make a major impact on the market.” Supporting Resources Download a headshot of Vivek Bharathan Tweet this: @AhanaIO expands seed funding to $4.8M with additional funding led by @Lux_Capital; grows technical leadership team #presto #opensource #analytics #cloud #datalakeanalytics @prestodb http://bit.ly/seedextension About Ahana Ahana, the self-service analytics company for Presto, is the only company with a cloud-native managed service for Presto on Amazon Web Services that simplifies the deployment, management and integration of Presto and enables cloud and data platform teams to provide self-service, SQL analytics for their organization’s analysts and scientists. As the Presto market continues to grow exponentially, Ahana's mission is to simplify interactive analytics as well as foster growth and evangelize the PrestoDB community. Founded in 2020, Ahana is headquartered in San Mateo, CA and operates as an all-remote company. Investors include GV, Lux Capital, and Leslie Ventures. Follow Ahana on LinkedIn, Twitter and PrestoDB Slack. Media Contact: |