With a $12 million investment in its series A round, QuestDB plans to expand its time-series database as well as launch a database-as-a-service (DBaaS) for customers that don't want to maintain servers. Investments in time-series databases indicate greater interest in the absorption of data streamed from sensors or other constant sources.
“The idea is to build features to unlock even more adoption to make sure that even more companies can get started with the product and use it at scale,” Nicolas Hourcard, the CEO and co-founder of QuestDB, explained. For example, the company plans to integrate the database with Python, allowing users to work directly with their Python Libraries without needing to export data. This system would ensure query results automatically arrive in a Python data frame ready for analysis.
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