Timescale Raises $40M in Funding as Cloud Adoption of Its Database Accelerates

posted on May 10, 2021

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Timescale has raised a $40 million Series B investment, led by Redpoint Ventures with participation from all existing investors including Benchmark, New Enterprise Associates, Icon Ventures, and Two Sigma Ventures. Combined with earlier rounds in 2018 and 2019, Timescale has now raised over $70 million.