Title: InfluxData scores $35 million Series C to expand time series database business
Author: Ron Miller
Abstract: This TechCrunch article by Ron Miller covers InfluxData’s February 13, 2018 announcement about securing a $35 million Series C investment led by Sapphire Ventures, the investment arm of enterprise software giant, SAP. In this round, existing investors Battery Ventures, Mayfield Fund and Trinity Ventures and new investor Harmony Partners also participated, bringing the total raised to almost $60 million. The article puts in context investor interest in developing the time series data space. The author notes how InfluxData co-founder and CTO Paul Dix recognized the need for time series tools and began building the underlying open source tool kit back in 2014. More facts and figures are covered in this article about InfluxData’s rapid development and projected growth.
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