Druid was open-sourced in October 2012 under the GPL license.[1][2] Over time, notable organizations including Netflix[3][4] and Yahoo[5] adopted the project into their technology stacks. The increased adoption led the team to change the license of the project to Apache.[6]
In October 2015 the company raised $2 million from Khosla Ventures.[7] and launched its first product, combining Apache Druid and additional open-source components, including a user interface and the PlyQL SQL-like query language, plus enterprise support.[8]
In December 2019 it raised an additional $30 million, suggesting a valuation of $350 million.[9] The funding round was led by Andreessen Horowitz with participation from Khosla Ventures and Geodesic Ventures.[10]
A Series C round of $70 million, valuing the company at $700 million, was announced in June, 2021, led by Bessemer Venture Partners.[11]
Also in November, 2021, Imply announced Project Shapeshift, designed to develop a hardware-abstracting, auto-scaling control plane and SaaS service for Apache Druid; extend the Druid SQL API from querying to ingestion, processing and transformation; and build a serverless and elastic consumption platform.[12]
References
^Higginbotham, Stacey. "Gigaom". Archived from the original on September 18, 2021. Retrieved July 8, 2016.
