The Onehouse platform is a management plane that helps businesses set up a data lakehouse without having to invest the time and expertise in building one from scratch. With an open data format, it can be used to work with protected or sensitive data; it also allows companies to easily pull their data from Onehouse without egress fees if they decide to leave the service.

Onehouse has carved out an astute market niche for itself: businesses under increasingly close scrutiny, but with ballooning data pools, who don’t need to build out highly customized lakehouses. For the moment, this tends to be top-tier enterprises, which is how Onehouse has secure deep pocketed clients like Walmart, Amazon, Zendesk, and Uber. As the first company to make fully managed data lakes possible, it is no surprise that it has received substantial funding. This will allow it to continue advancing the platform and grow its team to meet market demand.