10 Cool Tech Companies That Raised Funding In February

InfluxData

Headquarters: San Francisco

CEO: Evan Kaplan

Funding: The company raised $81 million in capital funding including a $51 million Series E funding round and a $30 million debt facility with Silicon Valley Bank.

Investors: The Series E funding round was led by new investors Princeville Capital and Citi Ventures with participation from existing investors Battery Ventures, Mayfield Fund, Sapphire Ventures and others.

What the company does: InfluxData develops the InfluxDB time series database platform.

CEO Quote: “The tailwinds are behind time series and InfluxData, evidenced by the significant growth of our cloud business, which now represents nearly half of our revenue. As the pioneer of the modern time series market, we played a pivotal role in driving the recent acceleration in this sector, pushing time series from the edge to the cloud and now into analytics. Our investors believe in our vision for time series to power the most sophisticated and large-scale analytics use cases our customers and community can imagine.”