Imply Data

Last updated

Imply
Industry Computer software
Founded2015 (2015)
Founders
  • Fangjin Yang
  • Gian Merlino
  • Vadim Ogievetsky
Headquarters
Burlingame, California
,
United States
Website www.imply.io

Imply Data, Inc. is an American software company. It develops and provides commercial support for the open-source Apache Druid, a real-time database designed to power analytics applications.[ citation needed ]

History

Druid was open-sourced in October 2012 under the GPL license. [1] [2] Over time, notable organizations including Netflix [3] [4] and Yahoo [5] adopted the project into their technology stacks. The increased adoption led the team to change the license of the project to Apache. [6]

In October 2015 the company raised $2 million from Khosla Ventures. [7] and launched its first product, combining Apache Druid and additional open-source components, including a user interface and the PlyQL SQL-like query language, plus enterprise support. [8]

In December 2019 it raised an additional $30 million, suggesting a valuation of $350 million. [9] The funding round was led by Andreessen Horowitz with participation from Khosla Ventures and Geodesic Ventures. [10]

A Series C round of $70 million, valuing the company at $700 million, was announced in June, 2021, led by Bessemer Venture Partners. [11]

Also in November, 2021, Imply announced Project Shapeshift, designed to develop a hardware-abstracting, auto-scaling control plane and SaaS service for Apache Druid; extend the Druid SQL API from querying to ingestion, processing and transformation; and build a serverless and elastic consumption platform. [12]


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References

  1. ↑ Higginbotham, Stacey. "Gigaom | Metamarkets open sources Druid, its in-memory database". Archived from the original on September 18, 2021. Retrieved July 8, 2016.
  2. ↑ druid. "Druid | Introducing Druid". druid.io. Retrieved July 8, 2016.
  3. ↑ druid. "Druid | Introducing Druid". druid.io. Retrieved July 8, 2016.
  4. ↑ Blog, Netflix Technology (March 3, 2020). "How Netflix uses Druid for Real-time Insights to Ensure a High-Quality Experience". Medium. Retrieved July 24, 2023.
  5. ↑ "Complementing Hadoop at Yahoo: Interactive Analytics with Druid" . Retrieved July 8, 2016.
  6. ↑ Harris, Derrick. "Gigaom | The Druid real-time database moves to an Apache license". Archived from the original on August 22, 2015. Retrieved July 8, 2016.
  7. ↑ "Imply launches with $2M to commercialize the Druid open-source data store". VentureBeat. October 19, 2015. Retrieved July 8, 2016.
  8. ↑ "Imply launches with $2M to commercialize the Druid open-source data store". VentureBeat. October 19, 2015. Retrieved January 25, 2022.
  9. ↑ "Real-time database startup Imply bags $30M round led by Andreessen Horowitz". SiliconANGLE. December 10, 2019. Retrieved February 14, 2022.
  10. ↑ FinSMEs (December 10, 2019). "Imply Raises $30M in Funding; at $350M Valuation". FinSMEs. Retrieved January 25, 2022.
  11. ↑ "Data analytics startup Imply nabs $70M to grow cloud service". VentureBeat. June 16, 2021. Retrieved January 25, 2022.
  12. ↑ Mellor, Chris (November 9, 2021). "Druidic Imply launches Shapeshift project for modern analytics". Blocks and Files. Retrieved January 25, 2022.
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