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Announced

Completed

Tiger Global led a $110m Series C round in Timescale.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United States

Friendly

relational database

SQL database platform

Private

Completed

Software

Acquisition

Minority

Venture Capital

Domestic

Single Bidder

Synopsis

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Tiger Global led a $110m Series C round in Timescale, a relational database for time-series, with participation from Benchmark, New Enterprise Associates, Redpoint Ventures, Icon Ventures and Two Sigma Ventures. "Timescale's laser focus on driving community and consumption around its time-series database is what stood out to us. As time-series data becomes even more pervasive, Timescale is playing a pivotal role in how companies work with data. They're a team that is committed to, and that we believe will, build the next great database company," John Curtius, Tiger Global Partner.

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