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Timescale provides time series data management with its open-source database TimescaleDB, which is built on PostgreSQL to efficiently store and query large sets of time-stamped data. The product works by extending PostgreSQL with time-series capabilities, allowing users to ingest, store, and query time-indexed data across many sources. Timescale offers both on-premise and cloud-based options, including a fully managed multi-cloud service, so customers can deploy where it fits their infrastructure. The company uses a freemium model: the core TimescaleDB is free, while premium features, enterprise support, and the managed cloud service generate revenue. This combination differentiates Timescale by leveraging PostgreSQL’s reliability, providing flexible deployment (on-prem, edge, or cloud), and offering scalable time-series analytics. The goal is to help businesses, from IoT to financial services, store, visualize, and analyze time-series data effectively and at scale.
Industries
Data & Analytics
Enterprise Software
Company Size
11-50
Company Stage
Series C
Total Funding
$184.8M
Headquarters
New York City, New York
Founded
2015
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Total Funding
$184.8M
Above
Industry Average
Funded Over
6 Rounds
Industry standards
To adequately measure the relative performance of real-time analytics databases, Timescale today released a real-time analytics benchmark dubbed RTABench.
The PopSQL team joins Timescale to help build the best PostgreSQL developer experience for the cloud era.
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.
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, Inc. first launched Timescale over six years ago.
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Industries
Data & Analytics
Enterprise Software
Company Size
11-50
Company Stage
Series C
Total Funding
$184.8M
Headquarters
New York City, New York
Founded
2015
Find jobs on Simplify and start your career today