TechCrunch | InfluxData scores $35 million Series C to expand time series database business

InfluxData has secured a $35 million Series C investment led by SAP's Sapphire Ventures, with existing investors Battery Ventures, Mayfield Fund, Trinity Ventures, and Harmony Partners also participating. The funding brings the total raised to almost $60 million, highlighting investor interest in the time series data space. InfluxData was founded by co-founder and CTO Paul Dix who recognized the need for time series tools and began building the underlying open source tool kit back in 2014. With this investment, the company aims to expand its business and further develop its time series database offerings.