Imply Data Explained

Imply
Industry:Computer software
Location City:Burlingame, California
Location Country:United States

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.

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]

Notes and References

  1. Web site: Gigaom Metamarkets open sources Druid, its in-memory database. Higginbotham. Stacey. 2016-07-08. September 18, 2021. https://web.archive.org/web/20210918034842/http://gigaom.com/2012/10/24/metamarkets-open-sources-druid-its-in-memory-database/. dead.
  2. Web site: Druid Introducing Druid. druid. druid.io. 2016-07-08.
  3. Web site: Druid Introducing Druid. druid. druid.io. 2016-07-08.
  4. Web site: Blog . Netflix Technology . 2020-03-03 . How Netflix uses Druid for Real-time Insights to Ensure a High-Quality Experience . 2023-07-24 . Medium . en.
  5. Web site: Complementing Hadoop at Yahoo: Interactive Analytics with Druid. 2016-07-08.
  6. Web site: Gigaom The Druid real-time database moves to an Apache license. Harris. Derrick. 2016-07-08. August 22, 2015. https://web.archive.org/web/20150822044850/https://gigaom.com/2015/02/20/the-druid-real-time-database-moves-to-an-apache-license/. dead.
  7. Web site: Imply launches with $2M to commercialize the Druid open-source data store. VentureBeat. October 19, 2015 . 2016-07-08.
  8. Web site: 2015-10-19. Imply launches with $2M to commercialize the Druid open-source data store. 2022-01-25. VentureBeat. en-US.
  9. Web site: 2019-12-10. Real-time database startup Imply bags $30M round led by Andreessen Horowitz. 2022-02-14. SiliconANGLE. en-US.
  10. Web site: FinSMEs. 2019-12-10. Imply Raises $30M in Funding; at $350M Valuation. 2022-01-25. FinSMEs. en-US.
  11. Web site: 2021-06-16. Data analytics startup Imply nabs $70M to grow cloud service. 2022-01-25. VentureBeat. en-US.
  12. Web site: Mellor. Chris. 2021-11-09. Druidic Imply launches Shapeshift project for modern analytics. 2022-01-25. Blocks and Files. en-GB.

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