Hydrolix Revolutionizes Data Management
May 23, 2024, 3:34 pm
A game-changer in the world of big data, Hydrolix has closed a $35 million Series B funding round, led by S3 Ventures. This Portland-based streaming data lake platform is disrupting the economics of log data, with a 10-fold growth year over year and a 75% growth rate in Q1 of 2024.
Hydrolix's software offers a unique combination of real-time stream processing, low-latency indexed search, decoupled storage, and high-density compression. This powerful platform is designed to handle the increasing demand for long-term data retention in the industry, providing high-performance data management at a significantly lower cost.
With a focus on delivering real-time query performance at terabyte scale, Hydrolix eliminates the need for managing multiple storage tiers, offering customers a cost-effective solution for handling massive amounts of data. This approach allows companies to access and analyze all their data, from seconds to years old, without the limitations of traditional data management systems.
Founded in 2018 by Marty Kagan and Hasan Alayli, pioneers in observability for content delivery networks, Hydrolix has quickly gained traction in the market. The company boasts over 80 customers, including major media, gaming, and telecommunications brands, who rely on Hydrolix for a wide range of use cases such as cybersecurity, observability, content delivery, digital advertising, AI/machine learning, and regulatory compliance.
The Series B funding round, which brought Hydrolix's total funding to $68 million, marks a significant milestone for the company as it continues to expand its product offerings and customer base. With a strong focus on innovation and customer satisfaction, Hydrolix is poised to lead the rapidly growing market for data management solutions.
In a world where data is a vital asset that companies can no longer afford to discard due to cost constraints, Hydrolix is paving the way for a new era of data management. By providing companies with the tools they need to access and analyze their data in real-time, Hydrolix is empowering businesses to make informed decisions, drive growth, and stay ahead of the competition.
As the demand for data management solutions continues to rise, Hydrolix's unique approach to data lake platforms is setting a new standard in the industry. With a dedicated team, a strong focus on product development, and a growing list of satisfied customers, Hydrolix is well-positioned for success in the ever-evolving world of big data.
Hydrolix's software offers a unique combination of real-time stream processing, low-latency indexed search, decoupled storage, and high-density compression. This powerful platform is designed to handle the increasing demand for long-term data retention in the industry, providing high-performance data management at a significantly lower cost.
With a focus on delivering real-time query performance at terabyte scale, Hydrolix eliminates the need for managing multiple storage tiers, offering customers a cost-effective solution for handling massive amounts of data. This approach allows companies to access and analyze all their data, from seconds to years old, without the limitations of traditional data management systems.
Founded in 2018 by Marty Kagan and Hasan Alayli, pioneers in observability for content delivery networks, Hydrolix has quickly gained traction in the market. The company boasts over 80 customers, including major media, gaming, and telecommunications brands, who rely on Hydrolix for a wide range of use cases such as cybersecurity, observability, content delivery, digital advertising, AI/machine learning, and regulatory compliance.
The Series B funding round, which brought Hydrolix's total funding to $68 million, marks a significant milestone for the company as it continues to expand its product offerings and customer base. With a strong focus on innovation and customer satisfaction, Hydrolix is poised to lead the rapidly growing market for data management solutions.
In a world where data is a vital asset that companies can no longer afford to discard due to cost constraints, Hydrolix is paving the way for a new era of data management. By providing companies with the tools they need to access and analyze their data in real-time, Hydrolix is empowering businesses to make informed decisions, drive growth, and stay ahead of the competition.
As the demand for data management solutions continues to rise, Hydrolix's unique approach to data lake platforms is setting a new standard in the industry. With a dedicated team, a strong focus on product development, and a growing list of satisfied customers, Hydrolix is well-positioned for success in the ever-evolving world of big data.