InfluxData Closes Series E Round and Raises $81 Million in Capital

InfluxData has closed a $51 million Series E round and a $30 million debt facility, raising $81 million in capital. The funding was led by Princeville Capital and Citi Ventures, with participation from existing investors. This investment validates the acceleration of the time series market and reinforces InfluxData's mission to provide developers with tools to innovate with time series data. With this new funding, InfluxData plans to usher in a new era of data intelligence that combines time series and real-time analytics, powered by its new database engine, InfluxDB IOx. The company aims to make InfluxDB more accessible to an even wider population of developers and deploy many new features on top of the new database core.

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