Imply Data, Inc., the Burlingame, CA-based company that provides a database, built from Apache Druid, raised $100m in Series D financing, which values it at $1.1 billion.
The round, which brings total funding raised to date to $215m, was led by Thoma Bravo with participation from OMERS Growth Equity, both new investors, and existing investors Bessemer Venture Funds, Andreessen Horowitz and Khosla Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO and co-founder Fangjin “FJ” Yang, who is the co-creator of Apache Druid, Imply is the leading contributor to Apache Druid, delivering the complete developer experience for Druid as a fully-managed DBaaS (Imply Polaris), hybrid-managed software offering (Imply Enterprise Hybrid) and self-managed software offering (Imply Enterprise). The funding round follows the recent product and open source innovation announced in March—specifically, the launch of Imply Polaris, the fully-managed DBaaS built from Apache Druid and the introduction of a new multi-stage query engine that makes Druid the only database to support advanced reports and complex alerts alongside interactive, real-time analytics.
Customers include Salesforce, Atlassian, Reddit, and Intercontinental Exchange.
FinSMEs
17/05/2022