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[Funding News] Ore.-based Hydrolix Secures $35Million in Series B Round Funding

Hydrolix, a streaming data lake platform, secures $35million in series B round funding. With the participation of previous investors like Nava Ventures, Wing Ventures, AV8 Ventures, and Oregon Venture Fund, the company's total fundraising to date has reached $68 million.

Hydrolix, a streaming data lake platform, secures $35million in series B round funding. With the participation of previous investors like Nava Ventures, Wing Ventures, AV8 Ventures, and Oregon Venture Fund, the company’s total fundraising to date has reached $68 million.

Streaming data lake Hydrolix, co-founded in 2018 by Hasan Alayli and Marty Kagan, powers log-intensive applications.

With the help of real-time stream processing, decoupled storage, low-latency indexed search, and high-density compression, the software creates a high-performance, less expensive data management platform that can meet the demands of the rapidly expanding market for long-term data preservation.

Read also – [Funding News] CA-based WitnessAI Secures $27.5Million in Series A Round Funding

It’s programme can be used for a variety of use cases that call for ad hoc analysis of years’ worth of raw data as well as real-time analysis of huge volume streaming logs.

Businesses may use all of their data with it, regardless of how old it is—a few seconds or several years. Use cases encompass digital advertising, content distribution, cybersecurity, observability, AI/machine learning, and regulatory compliance.

About Hydrolix

A novel cloud database system designed for the modern data economy is called Hydrolix. Hydrolix is an enterprise-ready solution that offers limitless real-time data observability and is a sophisticated choice for companies trying to get the most out of their data without going over budget.

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