Imply Data, the company founded by the original creators of Apache Druid, has announced its $100 million Series D financing which values the company at $1.1 billion. This investment round was led by Thoma Bravo with participation from OMERS Growth Equity, both new investors.
Existing investors Bessemer Venture Funds, Andreessen Horowitz, and Khosla Ventures also participated in the financing. This round brings Imply’s total funding raised to date to $215 million, as the company accelerates to meet the growing need for modern analytics applications.
According to the company, this new round of funding will enable Imply to accelerate its mission to help developers become the new heroes of analytics.
This round follows the recent product and open source innovation announced in March; specifically, the launch of Imply Polaris, the fully-managed DBaaS built from Apache Druid, and the introduction of a new multi-stage query engine that makes Druid the only database to support advanced reports and complex alerts alongside interactive, real-time analytics.