ClickHouse offers an OLAP system for database management that makes use of SQL for analytics in real-time. The performance of this platform surpasses many rival systems for database management (column-based) which are there in the mainstream market. It can process millions or even billions of individual rows at a time, along with innumerable data gigabytes in every second and for each server. This technology was created over ten years ago at the top internet corporation in Europe, Yandex. It was used for supporting its sizable platform for web analytics. The CEO at Yandex Group, Arkady Volozh, stated that it is a great moment for the team at ClickHouse, with their novel technologies and pursuit of making open-source options available in the technology space. Volozh also added that the company is already scaling up to a newer dimension by starting to develop new product ecosystems around its platform for global businesses.

ClickHouse launched for the mainstream market in 2016, and was quickly adopted by leading entities including Comcast, Uber, Cisco, and eBay. More than 800 contributors on the platform have already made pull requests surpassing 20,000. According to the Head of Engineering, Cloudflare, Usman Muzaffar, the aim of the company is the development of superior internet. Hence, it is always looking for technologies that have the right scalability. Muzaffar also stated that ClickHouse helps Cloudflare through its reliable and swift method of log analysis across innumerable requests, identifying traffic of a malicious nature, and offering the best analytics for customers. He talked of how Cloudflare has always been a supporter of the company, while recognizing how it has helped in scaling up processing of logs into one of the biggest such networks across the globe.

ClickHouse confirmed its Series A funding round of $50 million in August, 2021. Index Ventures led the round with other participants like Benchmark, Yandex N.V., and many others. ClickHouse already has a fast-growing user community and it will now use its funds for scaling up the development of commercial and global cloud-based solutions which are immensely secure and convenient for users. It will be doubling its company size this year with the funds as well.

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Several existing backers like Venrock, and Andreessen Horowitz, also contributed to the funding round. The company has now cumulatively raised $350 million since its launch in 2015. Gedmark has stated that this funding round will enable superior growth in the future, enabling an expansion of production for its satellite platform. The company has already created its satellite and is currently developing its very first commercial option. The company has a small form factor satellite. This is quite a like spacecraft at Starlink by SpaceX. It also makes use of its own technology and positioning within the geosynchronous orbit, which is where entities like Viasat operate.

A prototype was launched in 2018 by the company and it is already concluding work for its first-ever commercial satellite. It will launch sometime around the fourth quarter upon a SpaceX rocket. Its position will be just above Alaska and this will enable the company’s first client, Pacific Dataport (leading telecommunications entity) to beef up connectivity speeds for its user base. Services will start soon afterward.

Gedmark has stated that the company is adopting a wholly new approach of positioning a more focused internet beam upon a medium/smaller zone. The company has 120 professionals on its rolls, and is looking to ramp up hiring as well. Gedmark indicated that there is rising demand worldwide, with various projects across countries, with a view towards offering dedicated and focused satellites for various clients. The technical advisory board at the company has ex-NASA official Dan Goldin as its Chair. His experience helps massively with regard to helping the company understand the kinds of technologies required. The satellites weigh 350 kilograms at the company, while conventional geosynchronous counterparts are heavier, cost more, and require several years to be developed, according to Gedmark. Astranis has cracked the puzzle of putting it within a smaller and more affordable package for customers, while ensuring that it withstands radiation and other challenges.

Astranis’ plus points include software-tailored radio-based technologies for its satellites. This enables digital tuning for communication satellites across diverse frequencies, while conventional satellites are mostly analog ones according to Gedmark, meaning that they have locked-in frequencies. The company will scale up its production facility, acquiring 100,000+ square feet for ramping up production. The company is also in talks with leading launch providers for their missions in the future, according to Gedmark.

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Tonal will be leveraging its funds for scaling up its content and marketing endeavors, while expanding its operations and business activities through investments in better logistics, manpower, and production, with a view towards swiftly catering to sudden requirements/demand. Tonal saw skyrocketing growth throughout 2020, with sales figures increasing by eight times. It also had the best-ever retention and engagement figures throughout 2020. The company has also confirmed a national tie-up throughout 40+ locations with Nordstrom, scaling up its retail presence to more than 60 distribution points. It has lower than 90% of market share in the connected strength training category at present, and the NPS (Net Promoter Score) has been more than 80 on a consistent basis.

Tonal is already expanding its market leadership in this segment. The CEO at Tonal, Aly Orady, stated that the company has achieved swift growth throughout 2020 and this clearly underlines the transformation afoot in the fitness industry. He added that the new capital will help the company in terms of innovating more and showing the world how intelligent and new-age fitness solutions are the need of the hour. These solutions will completely revolutionize the way we workout, train, and develop our health/fitness according to him.

The company will be using its funds for expanding its investment activities throughout content and products. It will also expand overall operations, getting more people on the platform. Partner at Dragoneer, Jared Middleman, stated that the world has fundamentally evolved over the last year. People are seeing how fitness will look like in the future. It will be more customized and connected by nature, along with being driven mainly through content. It will be at their fingertips, and at their homes. He added that people can enjoy better workouts with cutting-edge hardware and compelling content. He added that this has already led to a lot of support and appreciation from customers. The product-related experience is already improving rapidly with the vision of the team and its pursuit of excellence, according to Middleman.

Tonal has already added several big names to its roster of investors who are professional athletes. They include Maria Sharapova, Drew Brees, Mike Tyson, Larry Fitzgerald, and many others. Jack Lazar and Nina Richardson have also joined its board of directors recently.

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