Imply_Corporation

Imply Data

Imply Data

American software company

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]

Quick Facts Industry, Founded ...

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. [1]
    Higginbotham, Stacey. "Gigaom | Metamarkets open sources Druid, its in-memory database". Retrieved July 8, 2016.
  2. [2]
    druid. "Druid | Introducing Druid". druid.io. Retrieved July 8, 2016.
  3. [3]
    druid. "Druid | Introducing Druid". druid.io. Retrieved July 8, 2016.
  4. [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. [5]
    "Complementing Hadoop at Yahoo: Interactive Analytics with Druid". Retrieved July 8, 2016.
  6. [6]
    Harris, Derrick. "Gigaom | The Druid real-time database moves to an Apache license". Retrieved July 8, 2016.
  7. [7]
    "Imply launches with $2M to commercialize the Druid open-source data store". VentureBeat. October 19, 2015. Retrieved July 8, 2016.
  8. [8]
    "Imply launches with $2M to commercialize the Druid open-source data store". VentureBeat. October 19, 2015. Retrieved January 25, 2022.
  9. [9]
    "Real-time database startup Imply bags $30M round led by Andreessen Horowitz". SiliconANGLE. December 10, 2019. Retrieved February 14, 2022.
  10. [10]
    FinSMEs (December 10, 2019). "Imply Raises $30M in Funding; at $350M Valuation". FinSMEs. Retrieved January 25, 2022.
  11. [11]
    "Data analytics startup Imply nabs $70M to grow cloud service". VentureBeat. June 16, 2021. Retrieved January 25, 2022.
  12. [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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