InfluxData Closes Series E Round and Raises $81 Million in Capital, Strengthens Position as Global Time Series Leader
Blog post from InfluxData
InfluxData, the creator of the leading time series platform InfluxDB, has raised $81 million in capital funding through a $51 million Series E funding round led by Princeville Capital and Citi Ventures. The new investment will help accelerate the development and rollout of InfluxDB's new database engine, InfluxDB IOx, which reimagines InfluxDB as a real-time columnar datastore built to ingest billions of data points in real-time. This investment brings InfluxData's total equity funding raised to $171 million, solidifying its position as the leading time series market player. With over 1,900 commercial customers and a thriving open source community, InfluxData is well-positioned to capitalize on the growing demand for time series data analytics in various industries.
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