$37m for Business Data Analytics Firm Tinybird

In the US, business data analytics firm Tinybird has raised $37m in a Series A round of funding, which it will use to expand into new regions, build connectors for additional cloud providers, and create new ways for users to build their own connectors.

New York and Madrid, Spain-based Tinybird helps businesses realize the full potential of their data by converting it into real time insights. Developers can use the firm's platform to build data products into its SQL-based APIs, which ingest millions of rows per second. In addition, the platform automatically ingests customer usage data and serves it up as API endpoints directly into a client's app; and it helps make sense of user behavior as it happens for use in real time personalization initiatives.

New funding comes from existing investors Crane Ventures, Datadog CPO Amit Agarwal, and Vercel CEO Guillermo Rauch, along with new investments from CRV and Singular Ventures. Last year, Tinybird raised $3m in a seed round of funding, led by Crane, with participation from several business angels.

Tinybird CEO and co-founder Jorge Sancha (pictured) comments on the latest round: 'This is a pivotal moment for us, and we couldn't be more thankful for their support and more encouraged to deliver on our vision for data and real time analytics. We want to enable any developer to build massively scalable real time data products with the tools they already use every day - SQL and APIs - and in the way they already build software. This investment will allow us to double down on that mission, delivering even more exciting features for developers and data teams, as well as improving how we support our existing customers.'

Web site: www.tinybird.co .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.