Ahana Raises $7.2 Million Additional Funding in Series A

by Kay Aloha Villamor in June 17th, 2022

Ahana, a San Mateo, Calif.-based the only Software as a Service for Presto, has announced an additional investment of $7.2 million from Liberty Global Ventures with participation from existing investor GV, extending the company’s Series A financing to $27.2 million. This brings the total amount of funding raised to date to $32 million.

Ahana will use the funding to continue to grow its technical team and product development; evangelize the Presto community, and develop go-to-market programs to meet customer demand.

Company: Ahana Cloud Inc.

Raised: $7.2M

Round: Series A

Funding Month: June 2022

Lead Investors: Liberty Global Ventures 

Additional Investors: GV

Company Website: https://ahana.io/

Software Category: Cloud-Native Managed SaaS built for AWS

About the Company: Founded in 2020, Ahana is the only SaaS for Presto on AWS with the vision to be the SQL engine for the Open Data Lakehouse. Presto, the open-source project created by Meta and used at Uber, Twitter, and thousands more, is the de facto standard for fast SQL processing on data lakes. Ahana Cloud delivers the easiest Presto SaaS and enables data platform teams to provide high-performance SQL analytics on their S3 data lakes and other data sources. As a leading member of the Presto community and Linux Foundation’s Presto Foundation, Ahana is also focused on fostering growth and evangelizing open source Presto.

Source: https://www.globenewswire.com/news-release/2022/06/16/2463792/0/en/Ahana-Announces-Additional-7-2-Million-Funding-Led-by-Liberty-Global-Ventures-and-Debuts-Free-Community-Edition-of-Ahana-Cloud-for-Presto-for-the-Open-Data-Lakehouse.html

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