Hydrolix closes $35M Series B funding led by S3 Ventures

May 22, 2024•over 1 year ago

Amount Raised

$35 Million

Round Type

series b

PortlandData CenterSoftwareAnalytics

Investors

Oregon Venture FundAv8 VenturesWing VenturesNava VenturesS3 Ventures

Description

Hydrolix, a streaming data lake platform, has closed a $35m Series B funding round led by S3 Ventures with participation from Nava Ventures, Wing Ventures, AV8 Ventures, and Oregon Venture Fund. This round brought the company’s total funding to date to $68m.

Company Information

Company

Hydrolix

Location

Portland, Oregon, United States

About

Hydrolix's streaming data lake platform is unique in the industry for its ability to radically transform the economics of log data. With a unique combination of stream processing, decoupled storage, high-density compression and indexed search, Hydrolix's platform delivers real-time query performance at terabyte scale while dramatically reducing the cost to store and use log data. The platform powers data-intensive applications to elevate business intelligence, optimize operations and drive growth. Companies worldwide deploy Hydrolix for a wide range of use cases, including security, observability, content delivery, digital advertising, AI/machine learning, and regulatory compliance. Founded in 2018 and based in Portland, Oregon, Hydrolix is trusted by Fortune 500 companies across diverse industries.

Related People

13 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends