Timescale

Timescale

Time series data management database solutions

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 through premium features. The company's goal is to transform how businesses handle time series data, providing scalable and user-friendly solutions.

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 time-series databases in energy sector boosts demand for TimescaleDB.
  • Rise of edge computing creates opportunities for Timescale's on-premise solutions.
  • Expansion of 5G networks increases demand for scalable time-series databases like TimescaleDB.

What critics are saying

  • Increased competition from Neon offering serverless Postgres databases.
  • Challenges in maintaining competitive edge in evolving cloud database market.
  • New VP of Sales may lead to strategic shifts misaligned with market demands.

What makes Timescale unique

  • TimescaleDB is built on PostgreSQL, ensuring reliability and operational efficiency.
  • The company offers both on-premise and cloud-based solutions for versatile business needs.
  • Timescale's freemium model attracts a large user base with scalable premium features.

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Growth & Insights
Headcount

6 month growth

11%

1 year growth

24%

2 year growth

-5%

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