Princeville Capital and Citi Ventures led a $51m Series E funding round in InfluxData.

Princeville Capital, a venture capital company, and Citi Ventures, a venture capital firm, led a $51m Series E funding round in InfluxData, a creator of the leading time series platform, with participation from Battery Ventures, Mayfield Fund, Sapphire Ventures. “The tailwinds are behind time series and InfluxData, evidenced by the significant growth of our cloud business, which now represents nearly half of our revenue. As the pioneer of the modern time series market, we played a pivotal role in driving the recent acceleration in this sector, pushing time series from the edge to the cloud and now, into analytics. Our investors believe in our vision for time series to power the most sophisticated and large-scale analytics use cases our customers and community can imagine,” Evan Kaplan, InfluxData CEO.