Operations | Monitoring | ITSM | DevOps | Cloud

The Internet of Things (IoT) revolution has set the beginning of a new age of data transfer. Each day, a massive number of new devices get added to all kinds of network infrastructures, transferring gargantuan amounts of data back and forth. In the next decade, we expect the number of IoTs to grow to a staggering 80 billion connected devices – practically outnumbering the human population tenfold.

Today is an important milestone for InfluxData. I am thrilled to share that we closed our $51 million Series E round, and a $30 million debt facility, raising $81 million in capital. The Series E round was led by our new investors Princeville Capital and Citi Ventures, with participation from our existing investors Battery Ventures, Mayfield Fund, Sapphire Ventures, Trinity Ventures, Norwest Venture Partners, Sorenson Capital, and Harmony Partners.

With a standard model for monitoring data across the organization, different teams can use a common infrastructure and extract maximum value from it. Monitoring (also sometimes referred to as observability) involves collecting and analyzing data from a source over time to track its health and/or performance. Because change occurs over time, virtually all monitoring data is time series data, meaning it has a timestamp.