Imply Raises $70M Series C Financing
Gunderson Dettmer client Imply, a real-time analytics platform built to run large-scale analytic workloads using Apache Druid, announced that it raised $70 million in series C funding led by Bessemer Venture Partners, valuing the company at $700 million post-money.
In the announcement of the transaction, CEO Fangjin Yang shared that Imply is built to scale with technologies including large data volumes and high search concurrency, as well as low-latency infrastructure. Unlike many rival products, Imply can compare present data with past data as well as data in motion.
The Gunderson deal team was led by Andy Bradley and included Hannah Porter, Anna Westfelt and Vivian Alexandrescu.