What is Imply?
Imply is a comprehensive, multi-cloud data platform built upon Apache Druid, a robust open-source real-time analytics database. Founded in 2015 by the original creators of Druid, the company is strategically positioned to empower data-driven applications by providing a scalable and performant foundation for analytics. Headquartered in the San Francisco Bay Area, Imply extends its reach globally with sales and support operations across North America, Europe, and Asia Pacific, catering to the increasing need for immediate data intelligence in complex enterprise environments.
How much funding has Imply raised?
Imply has raised a total of $215.3M across 5 funding rounds:
Angel/Seed
$2M
Series A
$13.3M
Unspecified
$30M
Series C
$70M
Series D
$100M
Angel/Seed (2015): $2M with participation from Khosla Ventures
Series A (2018): $13.3M led by Andreessen Horowitz and Khosla Ventures
Unspecified (2019): $30M supported by Andreessen Horowitzs Late Stage Venture Fund, Geodesic Capital, and Khosla Ventures
Series C (2021): $70M featuring Tiger Global, Khosla Ventures, Bessemer Venture Partners, Geodesic Ventures, and Andreessen Horowitz
Series D (2022): $100M backed by Thoma Bravo
Key Investors in Imply
Tiger Global
Tiger Global is an investment firm known for its significant backing of technology companies. While specific domain information is not provided, their participation suggests a focus on high-growth potential in the data analytics sector.
Khosla Ventures
Khosla Ventures is a venture capital firm that provides strategic advice and funding to entrepreneurs working on breakthrough technologies. Their focus spans a broad range of areas including enterprise, AI, and fintech, indicating a strong interest in Imply's data platform.
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm with a history dating back to 1911. Their investment in Imply suggests a belief in the company's long-term vision and market potential within the enterprise software landscape.
What's next for Imply?
With its recent major strategic investment, Imply is poised for accelerated growth and product development. The substantial capital infusion is expected to fuel advancements in its multi-cloud data platform, enhancing its capabilities in real-time analytics and data-driven application development. This strategic backing will likely enable Imply to expand its market reach, deepen its technological innovation, and further solidify its position as a leader in the analytics database space, particularly for organizations requiring immediate insights from vast datasets.
See full Imply company page