Imply, a Burlingame, Calif.-based real-time analytics company, raised $30m in funding at a $350M valuation.
The round, which brought total funding raised to date to $45.3m, was led by Andreessen Horowitz’s Late Stage Venture Fund with participation from Geodesic Capital and Khosla Ventures.
The company intends to use the funds to accelerate product development and go-to-market expansion.
Founded in late 2015 by the original authors of Apache Druid (incubating), a popular open source database that delivers sub-second query and high-speed ingest on enormous datasets where instant insight is critical, such as risk and fraud data, supply chain events, user behavior data, Internet of Things (IoT) device interactions, Imply delivers a complete solution with Druid as its engine, adding responsive analytics UI, cloud-native deployment and management, performance monitoring, and enterprise-grade security.
Led by Fangjin Yang, CEO, Imply runs on public or private clouds, as a self-hosted or managed service, natively integrates streaming message buses such as Apache Kafka and Amazon Kinesis, as well as file systems like HDFS (Hadoop), Amazon S3, and Google Cloud Storage.