Company:Imply Data

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Short description: American software company
Imply
IndustryComputer software
Founded2015 (2015)
Founders
  • Fangjin Yang
  • Gian Merlino
  • Vadim Ogievetsky
Headquarters
Burlingame, California
,
Websitewww.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]


References

  1. Higginbotham, Stacey. "Gigaom | Metamarkets open sources Druid, its in-memory database". http://gigaom.com/2012/10/24/metamarkets-open-sources-druid-its-in-memory-database/. 
  2. druid. "Druid | Introducing Druid". http://druid.io/blog/2012/10/24/introducing-druid.html. 
  3. druid. "Druid | Introducing Druid". http://druid.io/blog/2012/10/24/introducing-druid.html. 
  4. Blog, Netflix Technology (2020-03-03). "How Netflix uses Druid for Real-time Insights to Ensure a High-Quality Experience" (in en). https://netflixtechblog.com/how-netflix-uses-druid-for-real-time-insights-to-ensure-a-high-quality-experience-19e1e8568d06. 
  5. "Complementing Hadoop at Yahoo: Interactive Analytics with Druid". http://yahooeng.tumblr.com/post/125287346011/complementing-hadoop-at-yahoo-interactive. 
  6. Harris, Derrick. "Gigaom | The Druid real-time database moves to an Apache license". https://gigaom.com/2015/02/20/the-druid-real-time-database-moves-to-an-apache-license/. 
  7. "Imply launches with $2M to commercialize the Druid open-source data store". October 19, 2015. https://venturebeat.com/2015/10/19/imply-druid/. 
  8. "Imply launches with $2M to commercialize the Druid open-source data store" (in en-US). 2015-10-19. https://venturebeat.com/2015/10/19/imply-druid/. 
  9. "Real-time database startup Imply bags $30M round led by Andreessen Horowitz" (in en-US). 2019-12-10. https://siliconangle.com/2019/12/10/real-time-database-startup-imply-bags-30m-round-led-andreessen-horowitz/. 
  10. FinSMEs (2019-12-10). "Imply Raises $30M in Funding; at $350M Valuation" (in en-US). https://www.finsmes.com/2019/12/imply-raises-30m-in-funding-at-350m-valuation.html. 
  11. "Data analytics startup Imply nabs $70M to grow cloud service" (in en-US). 2021-06-16. https://venturebeat.com/2021/06/16/data-analytics-startup-imply-nabs-70m-to-grow-cloud-service/. 
  12. Mellor, Chris (2021-11-09). "Druidic Imply launches Shapeshift project for modern analytics" (in en-GB). https://blocksandfiles.com/2021/11/09/druidic-imply-launches-shapeshift-project-for-modern-analytics/.