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- Tabular
Tabular Acquisition, Valuation, Funding & Investors
Tabular was acquired by Databricks for $2B in June 2024.
Tabular revenue at acquisition
$1M
Last twelve months · Jun 2024
Cumulative funding Tabular raised
$37M
across 2 funding rounds
Key investors in Tabular
Andreessen Horowitz
Altimeter Capital
Zetta Venture Partners
Chris Riccomini
About Tabular
Tabular is a data automation platform built on Apache Iceberg for independent data management across cloud environments. The platform supports multiple clouds, including AWS, Google Cloud, Azure, and MinIO, for on-premises and hybrid deployments, giving customers multi-cloud data infrastructure without being tied to a single vendor. Since launch, Tabular has grown to more than a thousand subscriptions.
Founded
2021
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$1M (Jun 2024)
Valuation
$2B (acquired Jun 2024)
Tabular Acquisition
Tabular was acquired by Databricks for $2B on 4 June 2024.
Before the acquisition Tabular had raised $37M across 2 funding rounds.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 4 Jun 2024 | PE buyout | $2B | 2000.0x |
Tabular Funding History
Tabular has raised a total of $37M across 2 funding rounds.
Tabular's first fundraising round was a $11M Series A in August 2021. The most recent completed round was a $26M Series B in September 2023.
Tabular funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2023 | Series B | Altimeter Capital (lead); Zetta Venture Partners; Andreessen Horowitz | $26M | Tabular is a data automation platform powered by Apache Iceberg, enabling independent data management across cloud environments. The company raised $11 million in a Series A round in August 2021 led by Andreessen Horowitz to develop and launch its platform. In September 2023, Tabular completed a $26 million Series B round led by Altimeter Capital, with participation from other investors including Andreessen Horowitz and Zetta Venture Partners, to expand beyond AWS to support Google Cloud, Azure, and MinIO for on-premises and hybrid deployments. Altimeter Capital, a venture capital and private equity firm focused on technology, software, and cloud computing, led the Series B and has notable investments in companies like Snowflake, Unity, and Roblox. The round aligns with Altimeter's strategy in high-growth tech sectors. Tabular operates in a competitive data platform market, facing challenges from established full-stack vendors while needing to ensure seamless multi-cloud integration, high performance, and security as it scales. |
| Aug 2021 | Series A | Andreessen Horowitz (lead); Chris Riccomini | $11M | Tabular raised $11 million in its Series A funding round in August 2021, led by Andreessen Horowitz with participation from Chris Riccomini. The funds were intended to develop and launch its independent data automation platform powered by Apache Iceberg. Valuation was not publicly disclosed. Tabular subsequently raised $26 million in a Series B round in September 2023 led by Altimeter Capital to expand its platform beyond AWS to support Google Cloud, Azure, and MinIO object storage for on-premises and hybrid cloud deployments. The company has achieved over a thousand subscriptions since launch and continues to grow its multi-cloud capabilities, including support for Amazon Athena. |
Who has invested in Tabular?
4 investors have backed Tabular across its funding rounds, including Andreessen Horowitz, Altimeter Capital, Zetta Venture Partners and Chris Riccomini.
Lead investors include Altimeter Capital and Andreessen Horowitz.
Tabular Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Aug 2021 | ||
| 1 | Participant | Sep 2023 | ||
This data is available for Pro users. Sign up to see all 4 Tabular investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialTabular Competitors
Tabular competitors include listed companies like Business-intelligence and Transwarp, and private ones like Devo, Druva, Neo4j and Redis.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2B | - | ||
| Private | $100M | - | $2B | 20.0x | ||
| Private | $200M | - | $2B | 10.0x | ||
| Private | $35M | - | $2B | - | ||
| Publicly listed | $389M | $54M | $2B | 5.9x | ||
| Publicly listed | $67M | ($31M) | $1.9B | 28.0x |
Tabular Public Comps
Tabular is no longer listed, but its public comps include Business-intelligence, Transwarp, TRS Information Technology, Teradata, e-Hualu, Dameng Database, BTQ Technologies, Zhongfu Information, Datavault AI and Asteria.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $389M | $54M | 6.6x | 5.9x | 47.7x | - | |||
| $67M | ($31M) | 27.5x | 28.0x | (59.8x) | - | |||
| $76M | ($20M) | 19.3x | 19.7x | (73.5x) | 478.8x | |||
| $1.7B | $285M | 1.4x | 1.5x | 8.4x | 5.3x | |||
| $69M | ($310M) | 24.1x | - | (5.4x) | - | |||
| $195M | $84M | 15.3x | 12.5x | 35.5x | 27.6x | |||
| $226K | ($18M) | 1720.6x | 266.9x | (21.8x) | - | |||
| $108M | $1M | 3.4x | 2.7x | 359.0x | - | |||
This data is available for Pro users. Sign up to see all Tabular competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Tabular
| When was Tabular founded? | Tabular was founded in 2021. |
| Where is Tabular headquartered? | Tabular is headquartered in San Jose, CA, United States. |
| Is Tabular publicly listed? | No, Tabular was acquired by Databricks in June 2024. |
| Who acquired Tabular? | Tabular was acquired by Databricks in June 2024. |
| How much was Tabular acquired for? | Tabular was acquired for $2B in June 2024. |
| How much funding has Tabular raised? | Tabular has raised $37M across 2 funding rounds. |
| What was Tabular's last funding round? | Tabular's last funding round was a $26M Series B in September 2023, led by Altimeter Capital. |
| Who are Tabular's investors? | Tabular's investors include Andreessen Horowitz, Zetta Venture Partners, Altimeter Capital and Chris Riccomini. |
| Which companies are comparable to Tabular? | Companies comparable to Tabular include Devo, Druva, Neo4j, Redis, Business-intelligence and Transwarp. |
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