# Ahana Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ahana-cloud

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.ahana.io
- Total disclosed funding: $32M
- Latest round: Series A (Jun 16, 2022)
- Investors on record: 5

## About

Ahana Cloud, Inc. is a technology company based in the US that specializes in hybrid data lakehouse solutions for enterprise AI and analytics, enabling organizations to enhance their data management capabilities.Founded in 2020 and headquartered in Mountain View, CA, Ahana Cloud, Inc. focuses on providing innovative data solutions. The company has successfully raised total funding of USD 7.20 mn in its Series A round led by Liberty Global Ventures on April 12, 2023. Key founders include Ashish Tadose, Bina Shukla, David Simmen, Dipti Borkar, George Wang, Steven Mih, and Vivek Bharathan, with Steven Mih currently serving as CEO.Ahana Cloud, Inc. offers IBM watsonx.data, a hybrid, open data lakehouse designed specifically for enterprise AI and analytics. The platform enhances data integration, enrichment, and governance, unifying structured and unstructured data to improve the accuracy of generative AI applications by up to 40%. It supports various user experiences, including no-code, low-code, and pro-code options, providing self-service data insights. Key features include a multi-engine architecture for efficient data processing and management, compatible with public, private, and hybrid cloud environments. The platform serves clients across multiple industries, including finance and sports, with notable clients such as Lockheed Martin and the US Open, primarily in North America, Europe, and Asia-Pacific regions.IBM watsonx.data generates revenue through a subscription model, allowing clients access to its suite of data management and AI capabilities. Enterprises typically subscribe for a specified term, which includes automated data ingestion, enrichment, and analytics services. The pricing structure consists of various tiers based on features and service levels, including offerings tailored to meet enterprise needs, such as IBM Data Gate for watsonx and various AI integration tools, primarily targeting B2B clients, with potential partnerships to enrich service offerings.Following the acquisition of Ahana Cloud, Inc. by IBM Corporation in April 2023, the company plans to focus on developing more Presto projects. The recent funding will support the expansion of their product offerings and enhance their capabilities in the AI and analytics space. As part of their growth strategy, Ahana Cloud aims to introduce new products catering to enterprise clients and expand its reach into additional markets and geographic regions to solidify its presence in the industry.

## Funding rounds

- Series A, Jun 16, 2022, $7.2M — GV, Liberty Global Ventures
- Series A, Aug 2, 2021, $20M — Third Point, Lux Capital, GV, Leslie Ventures
- Seed, Sep 21, 2020, $2.3M — Lux Capital, GV
- Seed, Jun 2, 2020, $2.3M — GV, Leslie Ventures

## Investors

- GV (https://capitalatlas.ai/funds/gv) — Seed, Series A
- Leslie Ventures (https://capitalatlas.ai/funds/leslie-ventures) — Seed, Series A
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed, Series A
- Third Point (https://capitalatlas.ai/funds/third-point) — Series A
- Liberty Global Ventures (https://capitalatlas.ai/funds/liberty-global-ventures) — Series A