Imply Data valuation tops $1 bln with backing from Thoma Bravo, Omers
Open source database specialist Imply Data Inc. said Tuesday it drew in $100 million in Series D financing at a company valuation of $1.1 billion. Thoma Bravo led the financing, along with Omers Growth Equity. Existing investors Bessemer Venture Funds, Andreessen Horowitz and Khosla Ventures also took part in the financing for Imply Data, which is based in Burlingame, Calif. The deal was led by Fangjin "FJ" Yang, CEO and co-founder of Imply, and co-creator of Apache Druid, a real-time analytics database designed for fast slice-and-dice analytics (OLAP queries) on large data sets.
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