Tinybird, a real-time data platform for data and engineering teams, announced that it has raised $30 million in a Series B funding round led by Balderton Capital. Existing investors, including CRV and Singular Ventures, also participated in the round. This new funding round will accelerate Tinybird’s growth, enhance its product offerings, and expand its global footprint.
There are over a thousand businesses of all sizes use Tinybird to build real-time user-facing applications, such as in-product and internal dashboards, website and app personalization, fraud and anomaly detection, retail stock inventory management, etc.
Tinybird works with industry-leading cloud vendors like Amazon Web Services, Google Cloud Platform, Confluent, and more to deliver real-time capabilities on top of an existing cloud stack. And Tinybird helps businesses unify their batch and streaming data, expose data as APIs, and empower engineers to build compelling user experiences whether it is delivering a real-time layer to Amazon Redshift or Google BigQuery, or turning streaming data in Confluent Cloud into APIs in minutes.
KEY QUOTES:
“We have been blown away by the transformative power of real-time data. Reducing query latencies by orders of magnitude (from seconds to milliseconds) has a compounding effect: faster queries, faster development, less infrastructure, faster reaction, faster user experiences, and happier customers. Tinybird is proud to lead the real-time transformation in businesses and deliver products that empower developers to build applications with fresh, accurate data.”
- Tinybird CEO Jorge Gomez Sancha
“Tinybird combines the world’s most powerful data technologies, abstracts away their complexity, and speeds up data teams. It allows developers to weave complex data infrastructure into application logic and democratizes data infrastructure engineering. The intense customer love, talented and experienced team, and a growing need for real time data products worldwide were apparent. We’re fired up to be backing the Tinybird team for this next chapter.”
- Colin Hanna, Partner at Balderton Capital
“When we moved (our) use cases to Tinybird, we shipped them 5x faster and at a 10x lower cost than our prior approach.”
- Guy Needham, Staff Backend Engineer at Canva – uses Tinybird for several user-facing analytics applications
“With Confluent and Tinybird, users can quickly build analytical data products over Kafka streams. Our joint customers have built user-facing dashboards, real-time stock inventory management systems, real-time personalization as well as powerful anomaly detection services. We are excited for Tinybird’s future and their vision to accelerate development over streaming data.”
- Jay Kreps, CEO of Confluent
