SAN MATEO, Calif., June 16, 2022 (GLOBE NEWSWIRE) — Ahanathe only software as a service for Presto, today announced an additional investment of $7.2 million from Liberty Global Ventures with the participation of an existing investor GV, bringing the company’s Series A funding to $27.2 million. Liberty Global is a global leader in converged broadband, video and mobile communications services. This brings the total amount of funds raised to date to $32 million. Ankur Prakash, Partner, Liberty Global Ventures, will join Ahana’s Board of Directors as a Board Observer. Ahana will use the funding to continue to grow its technical team and product development; evangelize the community of Presto; and develop marketing programs to meet customer demand.
Ahana also today announced Ahana Cloud for Presto Community Edition, designed to simplify the deployment, management and integration of Presto, an open source distributed SQL query engine, for Open Data Lakehouse. Ahana Community Edition is immediately available to everyone, including users of Ahana’s 100,000+ PrestoDB Sandbox downloads on DockerHub. It provides simple, distributed Presto cluster provisioning and out-of-the-box configurations, bringing the power of Presto to data teams of all sizes for free. Instead of downloading and installing open-source Presto software, data teams can quickly learn about Presto and deploy initial SQL Data Lakehouse use cases in the cloud. Community Edition users can easily upgrade to the full version of Ahana Cloud for Presto, which adds increased security, including integration with Apache Ranger and AWS Lake Formation, value-for-money benefits, including multi-tier caching and enterprise-level support.
“Over the past year, we’ve focused on bringing the easiest managed service to market for Presto, and today we’re thrilled to announce a free-forever Community Edition to help foster adoption of Presto by the entire open source user community Our belief that Presto is the best SQL query engine for Open Data Lakehouse is reinforced by our new relationship with Liberty Global,” said Steven Mih, Co-Founder and CEO “With the Community Edition, data platform teams get unlimited use of Presto in large-scale production for lightning-fast insights into their data.”
“Today, we see more and more businesses adopting cloud-based technologies to deliver a superior customer experience. An underlying architectural pattern is leveraging an Open Data Lakehouse, a more flexible stack that solves the high costs, lock-in, and limitations of the traditional data warehouse,” said Ankur Prakash, Partner, Liberty Global ventures. “Ahana has innovated to address these challenges with its industry-leading approach to bringing the most powerful and cost-effective SQL query engine to data platform teams. Our investment in Ahana reflects our commitment to driving more value for businesses, especially in the next evolution of the data warehouse to Open Data Lakehouses.
Ahana Cloud for Presto Community Edition details include:
- Free to use, forever
- Using Presto in an Open Data Lakehouse with open file formats like Apache Parquet and advanced lake data management like Apache Hudi
- A single Presto cluster with all supported instance types except Graviton
- Preconfigured integrations with multiple data sources including Hive Metastore for Amazon S3, Amazon OpenSearch, Amazon RDS for MySQL, Amazon RDS for PostgreSQL, and Amazon Redshift
- Community support via the public Ahana Community Slack channel and a free 45-minute onboarding session with an Ahana Presto engineer
- Seamless upgrade to the full version which includes enterprise features such as data access control, autoscaling, multi-tier caching, and SLA-based support
“Enterprises continue to adopt ‘Lake House’ platforms that apply SQL frameworks and query capabilities to cloud-native object stores,” said Kevin Petrie, vice president of research, Eckerson Group. . “Ahana’s new Community Edition for Presto offers an SQL query engine that can help drive market adoption of the Lake House.”
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Ahana is the only SaaS for Presto on AWS with the vision to be the SQL engine of the Open Data Lakehouse. Presto, the open source project created by Meta and used at Uber, Twitter and thousands of others, is the de facto standard for fast SQL processing on data lakes. Ahana Cloud offers the easiest Presto SaaS and enables data platform teams to deliver high-performance SQL analytics across their S3 data lakes and other data sources. As a prominent member of the Presto community and the Presto Foundation of the Linux Foundation, Ahana is also focused on promoting the growth and evangelization of open source Presto. Founded in 2020, Ahana is headquartered in San Mateo, CA and operates as a fully remote business. Investors include GV, Leslie Ventures, Lux Capital, Third Point Ventures and Liberty Global Ventures. Follow Ahana on LinkedIn, Twitter and Presto Slack.
Public Relations Winkowski, LLC