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InfluxData lands $51M to grow its time series database offerings


In late 2013, Errplane, a Y Combinator-backed startup, began developing an open source project called InfluxDB for database performance monitoring and alerting. After raising several million in financing from VC firms including Mayfield Fund and Trinity Ventures, Errplane changed its name to InfluxData — and went on to raise tens of millions more in capital.
Years later, it seems InfluxData is still doing something right. The company late last week announced that it raised $30 million in debt and $51 million in a Series E equity round led by Princeville Capital and Citi Ventures with participation from Battery Ventures, Mayfield and Sapphire Ventures, sources say at a valuation higher than its …

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