Imply Data

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.

Imply
IndustryComputer software
Founded2015 (2015)
Founders
  • Fangjin Yang
  • Gian Merlino
  • Vadim Ogievetsky
Headquarters
Burlingame, California
,
United States
Websitewww.imply.io

History

Druid was open-sourced in October 2012 under the GPL license.[1][2] Over time, notable organizations including Netflix[3] and Yahoo[4] adopted the project into their technology stacks. The increased adoption led the team to change the license of the project to Apache.[5]

In October 2015 the company raised $2 million from Khosla Ventures.[6] 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.[7]

In December 2019 it raised an additional $30 million, suggesting a valuation of $350 million.[8] The funding round was led by Andreessen Horowitz with participation from Khosla Ventures and Geodesic Ventures.[9]

A Series C round of $70 million, valuing the company at $700 million, was announced in June, 2021, led by Bessemer Venture Partners.[10]

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.[11]


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