InfluxData Secures $60 Million in Series D Funding to Bring the Value of Time Series to the Enterprise Mainstream

Funding Rounds

Summary

As enterprises look for ways to achieve better results, gain new insights and grow their customer base, analysis of time series data is critical and is driving the need for purpose-built solutions. “The company continues to innovate its technology, pushing the boundaries when it comes to time series data solutions and is transforming its business model to support current and future demand. Schireson brings a wealth of database industry experience, having led and advised cloud, big data and open source technology companies through hyper-growth transformational phases. , the creator of InfluxDB, delivers a modern open source platform, built from the ground up, for analyzing metrics and events (time series data) for DevOps and IoT applications. Whether the data comes from humans, sensors, or machines, InfluxData empowers developers to build next-generation monitoring, analytics, and IoT applications faster, easier, and to scale delivering real business value quickly.

$ Funding

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Amount $60.0M Total raised
Date February 13, 2019 Announcement date
Investors Trinity Ventures, Sapphire Ventures, LLC, Mayfield, Sorenson Capital, Norwest Venture Partners, Harmony Partners Lead investors
Company http://www.influxdata.com Funded company

Classifications

industries
No industries detected
applications
Networking and Cloud

AskAI Classifications

Labels
Database Software Time Series Database SaaS

Linked Companies

InfluxData
$10M to $25M