201929 Jan

Timescale Raises Additional $15 Million and Introduces Enterprise Offering to Accelerate Growth of its SQL Time-Series Database

Summary

Combined with its earlier rounds of financing, Timescale has raised over $31 million to help organizations utilize the power of time-series data to analyze the past, monitor the present, and predict the future. The enthusiasm weve seen for Timescale among its open source community, as well as its rapid adoption rate, make us extremely excited to back both the technology and this incredibly talented team. Because time is a critical dimension along which data is measured, TimescaleDB enables developers and organizations to harness more of its power to analyze the past, understand the present, and predict the future. TimescaleDB is deployed in production all around the world in a variety of industries including Telecom, Oil & Gas, Utilities, Manufacturing, Logistics, Retail, Media & Entertainment, and more. They include market-leading companies such as Aster Data (Teradata), FireEye (FEYE), 41st Parameter (Experian), Infinera (INFN), MoPub (Twitter), Opcity (News Corp), Palo Alto Networks (PANW), Proofpoint (PFPT) and Teladoc (TDOC).

Source: Businesswire

Funding

$15M
Amount
Jan 29 2019
Date
-
Investor
timescale
Company

Classifications

Companies