Timescale Raises $40M Series B As Cloud Adoption Of Its Database Accelerates
May 05, 2021•over 4 years ago
Amount Raised
$40 Million
Round Type
series b
Description
Today, Timescale, the creators of TimescaleDB - the category-defining relational database for time-series - announced a $40 million Series B investment, led by Redpoint Ventures with participation from all existing investors: Benchmark, New Enterprise Associates, Icon Ventures, and Two Sigma Ventures.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech