Timescale’s $40 Million Series B Financing

Fenwick & West LLP advised Timescale on the deal.

Timescale, serving developers through an open-source time-series and relational database TimescaleDB, announced its $40 million Series B financing.

The round was led by Redpoint Ventures with participation from all existing investors: Benchmark, New Enterprise Associates, Icon Ventures and Two Sigma Ventures.

The Fenwick transaction team included corporate partner Ian Goldstein (Picture) and associate Jennifer Wu.

Involved fees earner: Ian Goldstein – Fenwick & West LLP; Jennifer Wu – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: Timescale, Inc.;

Author: Martina Bellini