InfluxData Jumpstarts 2019 with New Funding, Customers, Community Growth and More

By Company / Company
Apr 04, 2019

Navigate to:

Coming off the heels of a record year in 2018, InfluxData experienced continued momentum in the first quarter of 2019. We have achieved amazing growth across the organization — from new business wins to product enhancements — and we are well on the way to meeting (and even beating) our goals for this year.

Growing community

Active open source instances surpassed the 200K mark, reaching 213K daily instances. And we hosted nine meetups across the globe, engaging nearly 4,000 community members.

#1 time series database

InfluxDB continues to lead the time series database category, according to DB-Engines. The company also moved up in the overall database ranking to #34.

New customers

We surpassed 500 customers in Q1, including new business with Renault, the National Center for Biotechnology Information, Puppet Labs, McLaren Automotive and Gigaclear.

New products

We made continued enhancements to our products, including many maintenance and feature-bearing releases in Q1. The most significant news though was the launch of InfluxDB 2.0 Alpha. Various editions of InfluxDB 2.0 will roll out during 2019 and they include new features designed to make working with time series data simpler and more powerful for developers and companies. More updates coming soon.

Company news

In February, we announced $60 million in Series D funding. The round was led by Norwest Venture Partners and joined by Sorenson Capital and existing investors Sapphire Ventures, Battery Ventures, Mayfield Fund, Trinity Ventures and Harmony Partners. We hosted a successful InfluxDays user conference in New York in March. It featured talks from customers, including Wayfair, Capital One, Oracle and Optum, and technical workshops. Videos of the presentations are available online!

Leadership team

We kicked off the year by welcoming two new members to the executive team — Jim Walsh as SVP of engineering and Will Paulus as VP of sales. We also welcomed two new esteemed members to the board of directors — Max Schireson, EIR at Battery Ventures and former CEO of MongoDB, and Rama Sekhar, managing director at Norwest Venture Partners.

New partnerships

InfluxDB is now integrated with VMware's Pulse IoT Center, an IoT infrastructure management solution. The new offering embeds InfluxDB Enterprise and Kapacitor to optimize time series data handling from connected IoT devices, sensors and infrastructure running at the edge. InfluxData was also an early strategic partner of DigitalOcean's new Marketplace. InfluxDB is now available on DigitalOcean Marketplace where developers can connect with easy-to-use partner-built solutions, enabling simple app development, deployment and scaling.

Recognition

InfluxData was identified as one of the "Top 25 IoT Startups to Watch In 2019" by Forbes.

Speaking engagements

The Influx team traveled around the world in Q1, delivering talks at conferences in Los Angeles to Cape Town, South Africa. They included: