Imply Wins Funding, Adds Cloud-based Analytics Option

In the US, analytics company Imply has raised $13.3m in a Series A round of funding; and has rolled out a new cloud-based version of its technology, adding to its existing on-premise offering.

Founded in 2015, Imply helps companies analyze how users are interacting with digital products, measure their internal network traffic, and better understand sensor data from their field devices. Users can break apart large and complex data sets to look at those specific subsections of data that matter to them, and perform a wide array of computations on that data. Imply has taken this core technology and bundled it with an app layer where everyone in an organization can access data sets. With the general availability of its new cloud product, the firm says users can now launch its technology through a few clicks on a web browser.

New funding was led by Andreessen Horowitz, with participation from existing investor Khosla Ventures. Imply CEO and co-founder Fangjin Yang (pictured) comments: 'We created Imply to meet the need to help companies move from their existing static based workflows to dynamic ones where everyone in an organization can make real-time decisions on real-time data. With this new round of fundraising, we're looking forward to scaling the company in all areas to better serve our customers'.

Web site: www.imply.io .