The Spanish tinybird managed to raise 37 million dollars (about 34 million euros) in a Series A, led by the firms CRV and Singular Ventures. The company also received the support of the “business angels” Amit Agarwal (Chief Product Officer -CPO- at Datadog) and Guillermo Rauch (CEO of Vercel).
“This is a pivotal moment for us, and we couldn’t be more grateful for your support and more encouraged to deliver on our vision for real-time data and analytics.”expressed Jorge Gómez Sancha, co-founder of Tinybird through a statement published in the company. «We want to enable any developer to build hugely scalable real-time data products with the tools they already use every day — SQL and APIs — and in the way they already build software.”
Likewise, the company executive affirmed that this investment will allow them to duplicate that mission. “Bringing even more exciting features to developers and data teams, as well as improving how we support our existing customers.”
What does Tinybird do?
This startup emerged a couple of years ago in Madrid with the idea in mind that “any developer can create large-scale data products”, as described by Gómez Sancha himself on the official blog. Recently the company opened offices in New York, moving its headquarters from Madrid and launching its international expansion.
The company offers a product that helps data teams deliver real-time answers at scale across application programming interface (API) endpoints analytics that are created in just minutes when in some cases they usually take up to weeks. Tinybird is responsible for analyzing the data from wherever it is stored, then transforms it using its technology until it becomes material accessible as a JSON-based API.
“We believe that data should be analyzed as it happens. We believe developers and data teams should have the power in their hands to build data products that include real-time analytics at any scale.”it reads in his .
International expansion and new features
With this new investment, Tinybird has different plans in mind to continue developing its product and continue its growth as a company. Specifically they are working on:
- Tighter Git integration for version control, continuous integration, better deployment, and team collaboration.
- Management of schemas and migrations.
- Better default values and easier materialization.
On the other hand, after recently opening its offices in New York, this new injection of capital will also allow the company to expand its work team in the United States that will work on products and sales.
Photo: tinybird
Stay informed of the most relevant news on our news channel
Facebook Comments
Disqus