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Tabular funding, valuation and investors
Apache Iceberg table format company for open lakehouse storage.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$26M · 2023
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$26M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
acquired · San Jose, California
Latest tracked event: Acquisition (June 2024). It is shown separately because it is not counted as disclosed equity funding.
Overview
Tabular commercialized Apache Iceberg, the open table format for large-scale analytics on data lakes — providing catalog, governance, and optimization services. Founded by Ryan Blue and Daniel Weeks who created Iceberg at Netflix, Tabular raised Series A led by a16z and Series B ($26M) led by Altimeter in 2023. Databricks acquired Tabular in June 2024 for a reported $1B+ to unify Iceberg support in its lakehouse platform against Snowflake Polaris.
Why Tabular is interesting
Netflix-alumni Iceberg commercialization — a16z seed before $1B+ Databricks acquisition in 2024.
Product & use cases
Tabular offered managed Iceberg catalog with automated compaction, snapshot management, and cross-engine interoperability — commercial layer on open-source table format Netflix donated.
- Open lakehouse table format management
- Multi-engine analytics on S3 data
- Iceberg catalog and governance
- Avoid vendor lock-in vs proprietary warehouse formats
Key facts
- Databricks acquisition (Jun 2024): $1B+ — TechCrunch
- Series B (2023): $26M led by Altimeter
- Founded by Apache Iceberg creators (Netflix alumni)
- Open table format for data lakes
Funding history (newest first)
Acquisition
2024-06 $1B+- Databricks (lead)
Source: https://techcrunch.com/2024/06/04/databricks-acquires-tabular/
Series B
2023 $26MSource: https://tabular.io/blog/series-b
Investors in our directory
Funds linked from Tabular's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Founders literally built Iceberg at Netflix — deepest format expertise and community credibility.
Iceberg became industry standard open table format — Tabular's $1B Databricks exit validates format wars between Databricks and Snowflake. a16z seed on open-source commercialization playbook.
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Snowflake Polaris direct
Snowflake's Iceberg catalog competitor post-Tabular acquisition race.
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AWS Glue / S3 Tables incumbent
Cloud provider catalog services.
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Databricks Unity Catalog direct
Acquirer; integrated Tabular technology.
Notable stories
- Iceberg started as Netflix internal project — founders left to commercialize just as Snowflake and Databricks fought over open format standards.
- Databricks paid $1B+ partly to deny Snowflake Tabular assets in lakehouse format war.
Industries
Related funding articles
Venture Capital Tracker pieces that cover Tabular's financing or category context.
FAQs about Tabular
Practical answers founders, operators, and investors typically search for.
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