Imply Raises $30M in Funding; at $350M Valuation

imply

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.

FinSMEs

10/12/2019

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