2018: A Transformative Year for InfluxData
By
Mark Herring /
Company, Product
Jan 31, 2019
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In 2018, InfluxData experienced the most accelerated growth in our company’s history. Every major sector of our business made progress well beyond initial goals. Expanding our category leadership, we empowered more developers to build next-generation applications aiding in real-time decision making for users.
It was a big year, and so, here we reflect on some of our 2018 accomplishments and the momentum that is propelling us into 2019.
Secured $35 million in Series C financing led by Sapphire Ventures, and joined by Harmony Partners and existing investors Battery Ventures, Mayfield Fund and Trinity Ventures. | |
Our talented and creative team is what makes this all happen. From engineering and sales to marketing and finance, every department contributes to our overall success. We're still hiring too. :) | |
We maintained our leadership position wire-to-wire throughout the year among time series databases, according to DB Engines, and increased our overall database ranking by nearly 50%. | |
Active open source instances grew from 115,000 to 192,000, a 67% increase. | |
We continued to foster our open source community and surpassed 15k stars on Github. | |
InfluxData sales doubled over 2018, as the team reached 450 customers for both DevOps and IoT functions – including big names like Wayfair, Mulesoft, RingCentral, PayPal, and Oracle. | |
The engineering team was bustling this year, making significant strides in several areas of our products, from performance and data compaction and machine learning systems, to LDAP integration, and advanced analytics and self-healing. | |
2019 will be another transformative year for InfluxData. We just celebrated the fifth anniversary of the InfluxDB project and we'll introduce the most significant product updates since the original launch, in the next several months – the solution has continued to evolve over the years, thanks in large part to our valued open source community. |
Interest in time series data is at an all-time high, as companies recognize the structure of their most valued datasets. With this wind at our backs, we will push to reach more people and organizations to show them the real value, benefits and power of time series data collection and analysis, for real-time decision making.
And we’re already off to a great start. We just named two new executives – SVP of Engineering Jim Walsh and VP of Sales Will Paulus – whose experience and leadership will propel our technology and business forward to meet the very aggressive goals we have set for ourselves in 2019.