Tinybird, a real-time data platform for data and engineering teams, announced today that it has successfully concluded its Series B funding round, raising an impressive €28 million. Leading the investment was Balderton Capital, with significant participation from existing investors CRV and Singular Ventures.
The funding boost comes as no surprise given Tinybird’s revolutionary approach to real-time data. By significantly reducing query latencies, the platform has the power to transform and optimize various aspects of business operations. Queries that once took seconds to process can now be executed in mere milliseconds, resulting in faster development cycles and improved user experiences.
With this substantial investment, Tinybird aims to expand its capabilities even further, ensuring that data and engineering teams have access to a state-of-the-art platform that enhances their productivity while reducing infrastructure requirements. By delivering real-time data insights to businesses more efficiently, Tinybird seeks to create a ripple effect of positive outcomes, benefiting customers and enabling companies to make faster, data-driven decisions.
“We have witnessed the immense potential of real-time data in driving transformative change,” said Jorge Gomez Sancha, CEO of Tinybird. “By harnessing the power of real-time analytics, we can empower businesses to adapt and thrive in today’s fast-paced digital landscape. The funds raised in this Series B round will enable us to continue developing our platform, making real-time data accessible and actionable for organizations worldwide.”
With the continued support of Balderton Capital, CRV, and Singular Ventures, Tinybird is poised to revolutionize the way businesses utilize data, ultimately leading them towards faster growth and increased customer satisfaction.