Madrid-based Tinybird, a cutting-edge real-time data platform, has secured €28 million in a Series B funding round. The round was led by Balderton Capital with participation from existing investors, including CRV and Singular. This substantial investment will drive Tinybird’s growth, enhance its product offerings, and support its global expansion.
Tinybird’s CEO, Jorge Gomez Sancha, expressed enthusiasm about the impact of real-time data, stating, “We have been amazed by the transformative power of real-time data. Reducing query latencies from seconds to milliseconds has a compounding effect: faster queries, faster development, less infrastructure, faster reactions, better user experiences, and happier customers. Tinybird is proud to lead this real-time transformation, empowering developers to build applications with fresh, accurate data.”
Tinybird’s platform is already used by over a thousand businesses, ranging from startups to large enterprises. These businesses leverage Tinybird’s capabilities to build real-time user-facing applications, such as in-product and internal dashboards, website and app personalization, fraud and anomaly detection, and retail stock inventory management.
To deliver these real-time capabilities, Tinybird partners with industry-leading cloud vendors like Amazon Web Services, Google Cloud Platform, and Confluent. Whether enhancing Amazon Redshift or Google BigQuery with real-time layers or transforming streaming data from Confluent Cloud into APIs in minutes, Tinybird helps businesses unify their batch and streaming data. This integration empowers engineers to build compelling user experiences by exposing data as APIs and simplifying complex data processes.
Colin Hanna, Partner at Balderton Capital, highlighted the unique strengths of Tinybird, saying, “Tinybird combines the world’s most powerful data technologies, abstracts away their complexity, and speeds up data teams. It allows developers to integrate complex data infrastructure seamlessly into application logic and democratizes data infrastructure engineering. The intense customer love, talented and experienced team, and growing demand for real-time data products worldwide were evident. We’re thrilled to support Tinybird in this next exciting chapter.”
This funding round marks a significant milestone for Tinybird, enabling the company to accelerate its mission of making real-time data accessible and actionable for businesses everywhere. With the new capital, Tinybird plans to further develop its platform, explore new markets, and continue delivering innovative solutions that meet the evolving needs of data and engineering teams globally.
Tinybird’s journey from a promising startup to a leading player in the real-time data space underscores the increasing importance of real-time analytics in today’s fast-paced digital landscape. As more businesses recognize the value of instant data insights, Tinybird is well-positioned to capitalize on this trend and drive further growth and innovation in the field.
