Introducing Tinybird: The Real-Time Data Platform

Sydney Times

— 1 min read
Introducing Tinybird: The Real-Time Data Platform

Introduction

Tinybird, a data startup originally from Madrid and now based in New York, has recently raised a $30 million Series B funding round, valuing the company at $240 million. Let's explore what Tinybird does and why it's gaining attention in the tech industry.

What Does Tinybird Do?

Tinybird offers a unique data product that allows companies to make the most of their large amounts of data in near real time. Here's how it works:

  • Ingests data in real time from event streaming platforms and other storage locations.
  • Allows developers to filter and combine data using SQL queries.
  • Creates API endpoints based on the query results for easy integration with products.

Key Features of Tinybird

  • Does not rely on data pipelines like ETL or ELT processes for data integration.
  • Can ingest a large amount of data quickly, processing several Petabytes daily.
  • Built on ClickHouse, a responsive open-source database for fast SQL query processing.

Success Stories

Tinybird has seen significant growth, tripling its revenue in the last year and attracting clients like Vercel, Canva, and FanDuel. The company has raised substantial funding rounds, with Balderton leading the latest Series B round.

Future Plans

With the new funding, Tinybird aims to:

  • Expand data sources and standards to handle increasing data volumes.
  • Utilize AI to optimize SQL queries and data schemas for better performance.
  • Solidify its position as a real-time data platform for engineering and data teams.

Conclusion

Managing data at scale is a crucial challenge for many companies, making Tinybird's real-time data platform a valuable solution. By simplifying data processing and integration, Tinybird is well-positioned for continued growth and success in the tech industry.

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