Timescale

Timescale

Time series data management and analytics

About Timescale

Simplify's Rating
Why Timescale is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series C

Total Funding

$179.8M

Headquarters

New York City, New York

Founded

2015

Overview

Timescale manages time series data with its main product, TimescaleDB, an open-source database built on PostgreSQL. It allows clients in industries like IoT and financial services to efficiently analyze large volumes of data recorded at specific time intervals. Timescale offers both on-premise and cloud-based solutions, catering to various business needs with a freemium model that provides a free core product and generates revenue through premium features. The company's goal is to transform how businesses handle time series data by providing scalable and user-friendly solutions.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of edge computing aligns with Timescale's time-series database offerings.
  • Rise of serverless computing creates opportunities for scalable, on-demand resources.
  • Growing trend of digital twins boosts demand for robust time-series data management.

What critics are saying

  • Increased competition from Neon offering serverless Postgres databases.
  • Rebranding as a cloud company may confuse existing customers, risking churn.
  • Growing popularity of serverless platforms challenges Timescale's traditional offerings.

What makes Timescale unique

  • TimescaleDB is built on PostgreSQL, ensuring reliability and operational efficiency.
  • Offers both on-premise and cloud-based solutions, catering to diverse business needs.
  • Freemium model with open-source core attracts a large user base.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$179.8M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$110M
Timescale

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

-6%
Timescale
Apr 4th, 2024
Building the Best PostgreSQL GUI: PopSQL Joins Timescale

The PopSQL team joins Timescale to help build the best PostgreSQL developer experience for the cloud era.

Infrastructure Investor
Jul 3rd, 2023
Women of Influence: Venture capital

Over the past 12 months, she has played a decisive role in a number of investments, including a $20 million Series A funding round for Draftea, a fantasy sports platform for Spanish speakers, and a $25 million investment in Timescale, an open source, time-series database company.

PR Newswire
May 17th, 2023
Timescale Announces Corporate Rebrand Reflecting Company'S Growth

Updated Identity Aligns with New Chapter of Cloud Era and Future of ComputingNEW YORK, May 17, 2023 /PRNewswire/ -- Today, Timescale , the cloud data platform company, announced a strategic move to reposition itself in the market, reflecting the significant transformation taking place within the organization. The repositioning includes a refreshed visual identity, an updated website, and product restructuring. It lays the foundation for future product innovation designed to better serve its customers and the developer community, who prioritize scalability, cost, and performance as they work towards more cloud-first deployments.TimescaleRead this blog post by Timescale's CEO, Ajay Kulkarni, for full details of the rebrand.These changes come a year after the company announced its Series C funding of $110 million, which has enabled it to innovate in product development, expand its leadership and management teams and significantly expand the developer solutions it offers in markets spanning AI, IoT, crypto, energy, financial services, and more."Working with thousands of companies, we have realized this: the cloud is a tectonic shift in how software infrastructure is distributed and consumed, and we are still in the early stages of this change. By continuing to embrace the cloud, we have an opportunity to reinvent the database," said CEO Ajay Kulkarni. "We are excited to announce our repositioning effort, which accurately reflects the company we have become. We used to be a database company with a cloud product, now we are a cloud company with a database product."Timescale's rebranding reflects the company's continued dedication to innovation and providing better customer solutions and developer experience

Timescale
May 17th, 2023
Announcing the New Timescale

Timescale, Inc. first launched Timescale over six years ago.

Business Wire
Oct 26th, 2022
Timescale Announces Appointment Of Jason Montgomery As Vp, Sales.

NEW YORK--(BUSINESS WIRE)--Timescale has announced the appointment of Mr. Jason Montgomery as Vice President, Sales. Mr. Montgomery will be responsible for driving revenue growth and ensuring the continued success and support of Timescale customers across diverse industries. Jason Montgomery is an established sales leader with a broad range of experience in the technology industry. He started his career at Xignite, a Market Data Provider, as an Account Executive and has spent the last 10 years focused on the DevOps and SRE space leading teams at New Relic and Blameless. At New Relic, Jason held various sales leadership roles, contributing to the company going public and its revenue growing from $50 million to $700 million. More recently at Blameless, he oversaw all go-to-market functions including sales, marketing, and customer success

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Timescale right now.

Find jobs on Simplify and start your career today

💡
We update Timescale's jobs every 8 hours, so check again soon! Browse all jobs →