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INFLUXDATA

Netfigo Verdict
on InfluxData

InfluxDB is the time-series database you have probably already used without knowing it. If you have ever looked at a Grafana dashboard showing server metrics, application performance, or IoT sensor readings, there is a good chance InfluxDB was powering it. Over a billion downloads. The most popular time-series database on the planet. Paul Dix built it in 2013 when he realized that general-purpose databases were terrible at handling data that comes with timestamps. Which is basically all data, if you think about it.

Founded

2012

HQ

San Francisco, USA

Total Raised

$175 million

Founder

Paul Dix

Status

Private

THE ORIGIN STORY

Paul Dix was building monitoring software and got frustrated with trying to store time-stamped data in traditional databases. Metrics, events, and sensor readings all share a common pattern: they arrive as a stream of timestamped values.

Postgres could handle this, but slowly. MongoDB could store it, but querying was painful.

In 2012, Dix founded InfluxData and built InfluxDB, a purpose-built database for time-series data. The first version launched in 2013 as an open-source project.

WHAT THEY ACTUALLY DO

Open-source core (InfluxDB OSS) with commercial products. InfluxDB Cloud is the managed database service, charged on usage.

InfluxDB Enterprise is the self-hosted version for large organizations that need clustering and support.

The company also sells Telegraf (data collection agent), Chronograf (visualization), and Kapacitor (alerting) as part of the TICK stack.

THE PRODUCTS

InfluxDB is the core database, optimized for time-series workloads. Telegraf is the data collection agent with 300+ plugins for collecting metrics from any source.

InfluxDB Cloud is the fully managed service. The TICK stack (Telegraf, InfluxDB, Chronograf, Kapacitor) is the full monitoring platform.

HOW THEY GREW

InfluxDB grew by becoming the default time-series database for the DevOps and monitoring ecosystem. Integration with Grafana, Prometheus, and Kubernetes brought millions of users.

The open-source strategy was critical. Over a billion downloads means InfluxDB is installed in virtually every cloud environment.

Converting even a small percentage of those installations to paid plans generates significant revenue.

THE HARD PART

Competition has intensified. TimescaleDB offers PostgreSQL-compatible time-series.

ClickHouse offers blazing analytics. QuestDB offers extreme ingestion speed.

Prometheus dominates the cloud-native monitoring world.

InfluxDB's custom query language (Flux) was controversial. Developers who knew SQL didn't want to learn a new query language.

InfluxDB 3.0 moved to SQL, but the switch took years.

MONEY TRAIL

Seed

2013 · Led by Baseline Ventures

$2M raised

Series D

2020 · Led by Sapphire Ventures

$81M raised

WHO BACKED THEM

InfluxData raised $175 million from investors including Sapphire Ventures, Norwest Venture Partners, and Battery Ventures.

Head-to-Head

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