Imply raises 100 M in Series D funding led by Thoma Bravo
Imply Data, started by the Apache Druid founders, has raised $100 million in Series D funding, valuing the company at $1.1 billion.
Thoma Bravo led the financing round, with OMERS Growth Equity and several new investors joining in. Bessemer Venture Funds, Andreessen Horowitz, and Khosla Ventures were among the existing investors in the round.
Imply has now raised $215 million in total funding, as the business works to address the growing need for modern analytics solutions.
Imply’s objective to assist developers become the new heroes of analytics will be accelerated thanks to this fresh round of investment.
“In its early days, Druid was adopted for a set of use cases in a handful of industries. Today, developers have shown its applicability across all industries—and the use cases have expanded exponentially. It’s humbling to see how Apache Druid and Imply have been so instrumental in helping our customers create competitive advantages,”Fangjin “FJ” Yang, CEO and co-founder of Imply, and co-creator of Apache Druid.
With committer-driven expertise, easy operations, and flexible deployment, the company builds on Apache Druid’s speed and scalability to satisfy developers’ application requirements with ease. Imply‘s technology is trusted by companies to play a major part in their internal and external solutions and services.