Ahana
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Analytics services based on the PrestoDB query engine.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded
Ahana is founded in San Mateo by Steven Mih, David Simmen, Dipti Borkar, and principal engineers from Alluxio/Couchbase to make Presto - the open-source distributed SQL query engine originated at Facebook - easier to use as a managed cloud service. It exits stealth in June 2020 with $2.5 million in seed funding, extended by $2.3 million in September, and launches Ahana Cloud for Presto.
- Series A
Ahana raises a $20 million Series A to grow its market and advance the Presto community.
- Series A top-off
Ahana tops off its Series A with $7.2 million, bringing total funding to $32 million, and launches Ahana Cloud Community Edition, a free tier of its open data lakehouse service.
- Acquired by IBM
In April 2023, IBM acquires Ahana for an undisclosed price, making Ahana's managed and commercial Presto offering part of IBM's hybrid data management portfolio and joining the Presto Foundation.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.