The startup company H2O.ai was launched in 2011 in Mountain View, California (in Silicon Valley). The company was originally named 0xdata but changed its name in 2014 to match its flagship product, H2O, which is open-source software for big data analysis.H2O.ai was started with financing of 8.9 million U.S. dollars (USD), which had grown to 13.6 million USD by 2014, with backing from individual and institutional investors. In 2014 it listed 20 clients, including PayPal and Ebay.