Ahana Raises $20M in Series A Funding
- Ahana, a San Mateo, Calif.-based open data lake analytics company, raised $20m in Series A funding
- The round, which brought total funds raised to $24.8m, was led by Third Point Ventures with participation from existing investors
- In conjunction with the funding, Robert Schwartz, Managing Partner, Third Point Ventures will join Ahana’s Board of Directors
- The company intends to use the funds to further accelerate engineering and contributions to the open source community
- Led by Steven Mih, Cofounder and CEO, The company offers a managed service for Presto on AWS to simplify open data lake analytics
- Presto, the open source project created by Facebook and used at Uber, Twitter and thousands more, is the de facto standard for fast SQL processing on data lakes
