In September 2021 in San Francisco, CA, ClickHouse incorporated to house the open source technology with an initial $50 million investment from Index Ventures and Benchmark Capital with participation by Yandex N.V.[2] and others.

On October 28, 2021 the company received Series B funding totaling $250 million at a valuation of $2 billion from Coatue Management, Altimeter Capital, and other investors.

The power and utility of ClickHouse offered a true column-oriented DBMS, it allowed for systems to generate reports from petabytes of raw data with sub-second latencies.

Since ClickHouse became available as open source in 2016, its popularity has grown exponentially, as evidenced through adoption by industry-leading companies like Uber, Comcast, eBay, and Cisco.

According to benchmark tests conducted by its developers,[6] for OLAP queries ClickHouse is more than 100 times faster than Hive (a DBMS based on the Hadoop technology stack) or MySQL (a common RDBMS).