InfluxData raises 16M in new funding led by Battery Ventures
By Evan Kaplan / Sep 21, 2016 / Newsroom, Press Releases
Two weeks ago after almost three years of designing, coding and testing,we released the 1.0 version of the entire TICK stack (Telegraf, InfluxDB, Chronograf and Kapacitor). In addition on the same day we announced the general availability of the 1.0 version of our InfluxDB Enterprise product which included support for high availability configurations and scale out clusters for those users with high throughput requirements.The response to those releases has been tremendous and today we are excited to announce the completion of a $16M Series B funding round led by Battery Ventures.
We raised the additional capital for three reasons. First we wanted to continue our aggressive pace developing and adding capability to our entire platform to meet the expanding needs of our growing community of open source users and enterprise customers. Secondly, we wanted to expand our reach and develop relevant open source applications that when run in conjunction with our platform could address some serious challenges our community and customers were facing, and finally, like any good entrepreneurial endeavor we wanted to increase our investment in education, sales and marketing to grow our business and pave the way for the expanded platform capability and new offerings.
- Download: 1.0 GA downloads for the TICK-stack are live on our "downloads" page
- Deploy on the Cloud: Get started with a FREE trial of InfluxDB Cloud featuring fully-managed clusters, Kapacitor and Grafana.
- Deploy on Your Servers: Want to run InfluxDB clusters on your servers? Try a FREE 14-day trial of InfluxDB Enterprise featuring an intuitive UI for deploying, monitoring and rebalancing clusters, plus managing backups and restores.
- Tell Your Story: Over 100 companies have shared their story on how InfluxDB is helping them succeed. Submit your testimonial and get a limited edition InfluxDB hoodie as a thank you.