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Tabular raises $26M in funding to expand data platform

Posted on September 19, 2023September 19, 2023

San Jose-based data platform provider Tabular has successfully concluded a funding round, securing $26 million in investment. This round, led by Altimeter Capital and featuring participation from Andreessen Horowitz and Zetta Venture Partners, brings Tabular’s total funding to $37 million.

Tabular, founded by former Netflix executives Ryan Blue, Dan Weeks, and Jason Reid, specializes in an independent data platform built on Apache Iceberg. The platform, available on AWS and in preview on GCP, operates as a cloud-native Software as a Service (SaaS) solution, catering to a wide range of compute engines.

With plans to expand beyond AWS, Tabular aims to target markets on Google Cloud, Azure, and MinIO object storage for on-premises and hybrid cloud deployments. The company’s key attributes include compute-neutrality, data-layer security, integrated ingestion capabilities, automated performance optimization, and SaaS simplicity.

Tabular is also set to support the Amazon Athena serverless query engine in the near future, adding to its existing compatibility with Amazon EMR, Snowflake, and Starburst compute engines.

This funding infusion positions Tabular to extend its reach and continue providing advanced data management and optimization solutions to a broader clientele.

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