Imply Receives $100 Million Investment Led by Thoma Bravo

<p><strong>BURLINGAME <&sol;strong>&&num;8212&semi; Imply Data&comma; Inc&period;&comma; a company founded by the original creators of Apache Druid&comma; has landed &dollar;100 million in Series D financing&comma; which values the company at &dollar;1&period;1 billion&period; This investment round was led by Thoma Bravo with participation from OMERS Growth Equity&comma; both new investors&period; Existing investors Bessemer Venture Funds&comma; Andreessen Horowitz and Khosla Ventures also participated in the financing&period; This round brings Imply’s total funding raised to date to &dollar;215 million as the company accelerates to meet the growing need for modern analytics applications&period;<&sol;p>&NewLine;<p>Demand for Imply is driven by an industry evolution in analytics led by software developers&period; For decades&comma; analytics have been confined to static executive dashboards and reports powered by batch-oriented data warehouses&period; Increasingly&comma; leading companies are turning to their developers to build analytics applications that deliver interactive data experiences from streaming data and deliver real-time insights to both internal and external users&period; And developers at 1&comma;000s of companies have turned to Apache Druid&comma; the leading real-time analytics database&period;<&sol;p>&NewLine;<p>This new round of funding will enable Imply to accelerate its mission to help developers become the new heroes of analytics&period; &OpenCurlyDoubleQuote;In its early days&comma; Druid was adopted for a set of use cases in a handful of industries&period; Today&comma; developers have shown its applicability across all industries—and the use cases have expanded exponentially&comma;” stated Fangjin &OpenCurlyDoubleQuote;FJ” Yang&comma; CEO and co-founder of Imply&comma; and co-creator of Apache Druid&period; &OpenCurlyDoubleQuote;It’s humbling to see how Apache Druid and Imply have been so instrumental in helping our customers create competitive advantages&period;”<&sol;p>&NewLine;<p>This funding round is the latest milestone solidifying Imply’s position as the industry leader in this emerging category&period; It follows the recent product and open source innovation announced in March—specifically&comma; the launch of Imply Polaris&comma; 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&comma; real-time analytics&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We’re excited to lead Imply’s Series D&period; FJ and his team are at the cusp of a market evolution in analytics&comma; opening up a whole new world of analytics use cases and economic value&comma;” stated Robert &lpar;Tre&rpar; Sayle&comma; a partner at Thoma Bravo&period; &OpenCurlyDoubleQuote;It was clear from the beginning of our relationship that we would enjoy a strong partnership with management&comma; and they very much appreciated the level of experience we bring to the table as software-specialist investors over the last 20 years&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;As analytics adoption continues to accelerate&comma; software developers are demanding more real-time solutions with Apache Druid and Imply leading the category&comma;” said Warda Shaheen&comma; co-head of software at OMERS Growth Equity&period; &OpenCurlyDoubleQuote;We’re thrilled to partner with FJ and the pioneering team of inventors at Imply as they continue to build on their category leadership by driving innovation and expanding analytics use cases&period;”<&sol;p>&NewLine;