Timescale

Timescale

Time series data management and analytics

About

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 from premium features. The company's goal is to improve how businesses handle and analyze time series data, ensuring reliability and efficiency.

Company Stage

Series C

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$179.8M

Headquarters

New York City, New York

Founded

2015


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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.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-4%

2 year growth

-6%

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