- Companies
- Kyligence
Kyligence Funding, Investors & Competitors
Kyligence has raised $118M across 4 funding rounds, most recently a $70M Series D in April 2021.
About Kyligence
Kyligence Inc. is a San Mateo-headquartered data intelligence provider founded in 2016 by Apache Kylin originators. It builds Kyligence OLAP Enterprise for real-time analytics on Hadoop, Spark, and clouds including AWS EMR and Azure HDInsight. The solution accelerates sub-second queries over petabyte datasets, integrating with BI tools like Tableau and Power BI for finance and retail enterprises processing trillions of records daily.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Kyligence Funding History
Kyligence has raised a total of $118M across 4 funding rounds.
Kyligence's first fundraising round was a $8M Series A in April 2017. The most recent completed round was a $70M Series D in April 2021.
Kyligence funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2021 | Series D | SPDB International Holdings (lead); Shunwei Capital; Jumbo Sheen Group; CICC; Shanghai Growth Capital; Shanghai Pu Xin Fund Management; Eight Roads Ventures; Alpha Square Group; Gopher Asset Management; Redpoint Ventures China | $70M | Kyligence is a data analytics company with operations in San Jose and Shanghai, providing data analysis software. It completed a Series D funding round of $70 million on April 20-21, 2021, led by SPDB International Holdings, with participation from investors including Alpha Square Group, CICC, Eight Roads Ventures, Gopher Asset Management, Jumbo Sheen Group, Redpoint Ventures China, Shanghai Growth Capital, Shanghai Pu Xin Fund Management, and Shunwei Capital. This round brought total funding to $118 million across five rounds. Kyligence reported $5 million in revenue for 2020, the year prior to the round. The company has previously raised in Series C (March 2019, led by Coatue), Series B (July 2018), Series A (April 2017), and an incubator round (January 2017), attracting 14 investors overall. |
| Mar 2019 | Series C | Coatue (lead); Shunwei Capital; Eight Roads Ventures; Redpoint Ventures China | $25M | Kyligence is an augmented Big Data analytics platform powered by Apache Kylin, an OLAP engine created by its founders. The platform provides enterprises with data intelligence, democratizing data access for employees and enabling customers to build personalized, data-driven products. On March 28, 2019, Kyligence closed a $25 million Series C funding round led by Coatue Management, with participation from existing investors Redpoint Ventures, Shunwei Capital, and Eight Roads Ventures (Fidelity International's investment arm). Coatue partner Daniel Senft joined the Kyligence Board of Directors as part of the investment. The company stated that Apache Kylin had been adopted by more than 1,000 enterprises globally, and its customer base included major organizations such as L'OREAL, Xactly, China Merchants Bank, China UnionPay, and Huawei. The funding was designated to support further global expansion, research and development, and enhancement of go-to-market strategy, with the company having opened its US headquarters in San Jose earlier that year to better serve customers and partners in the Americas. |
| Jul 2018 | Series B | Eight Roads Ventures (lead); CBC Capital; Shunwei Capital; Cisco; Redpoint Ventures China | $15M | Kyligence, a leading data analytics company based in Shanghai, China, closed a $15 million Series B funding round on July 5, 2018. The round was led by Eight Roads Ventures with participation from Redpoint Ventures, Cisco, China Broadband Capital, and Shunwei Capital. Kyligence delivers an augmented data analytics platform powered by Apache Kylin, enabling sub-second latency processing of massive datasets with AI augmentation and integration with tools like Tableau, Power BI, and Microsoft Excel. |
| Apr 2017 | Series A | Redpoint; CBC Capital; Shunwei Capital; Cisco | $8M | Kyligence raised $8 million in its Series A funding round in 2017 from investors including Redpoint Ventures, Cisco, China Broadband Capital, and Shunwei Capital. This followed a 2016 seed round and preceded later rounds: $15 million Series B in 2018 led by Eight Roads Ventures with participation from the same investors, $25 million Series C in 2019 led by Coatue Management, and $70 million Series D in 2021. Kyligence, founded in 2016 by the creators of Apache Kylin, develops an augmented big data analytics platform to accelerate mission-critical business decisions with machine learning for data modeling and query optimization. The company maintains dual headquarters in Shanghai, China, and the San Francisco Bay Area (Santa Clara/San Jose), with additional offices in Seattle and New York. Kyligence serves global customers such as UBS, Costa, Appzen, McDonald’s, L’Oréal, Porsche, Xactly, China Merchants Bank, China Construction Bank, and Huawei. |
Who has invested in Kyligence?
14 investors have backed Kyligence across its funding rounds, including Shunwei Capital, Eight Roads Ventures, Redpoint Ventures China, Cisco, CBC Capital and Redpoint.
Lead investors include SPDB International Holdings, Coatue and Eight Roads Ventures.
Kyligence Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Apr 2017 | ||
| 3 | Lead | Jul 2018 | ||
| 3 | Participant | Jul 2018 | ||
| 2 | Participant | Apr 2017 | ||
| 2 | Participant | Apr 2017 | ||
| 1 | Participant | Apr 2017 | ||
| 1 | Lead | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
This data is available for Pro users. Sign up to see all 14 Kyligence investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialKyligence Competitors
Kyligence competitors include listed companies like Datadog and Dynatrace, and private ones like ClickHouse, Dataiku, Starburst and PingCAP.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.4B | ($588K) | $85B | 19.4x | ||
| Publicly listed | $2B | $276M | $16B | 7.0x | ||
| Private | $160M | - | $15B | 93.8x | ||
| Private | $150M | - | $3.7B | 24.7x | ||
| Private | $100M | - | $3.4B | - | ||
| Private | - | - | $3B | - |
Kyligence Public Comps
Kyligence is still privately-owned, but its public comps include Oracle, Palantir, ServiceNow, Snowflake, Datadog, RELX, Strategy, MongoDB, Verisk Analytics and Fair Isaac.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $13B | $4.9B | 5.5x | 5.3x | 14.4x | 13.2x | |||
| $477M | ($5.4B) | 149.4x | 144.4x | (13.1x) | (12.3x) | |||
| $2.5B | ($104M) | 11.9x | 10.4x | (282.5x) | 49.6x | |||
This data is available for Pro users. Sign up to see all Kyligence competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Kyligence
| When was Kyligence founded? | Kyligence was founded in 2016. |
| Where is Kyligence headquartered? | Kyligence is headquartered in San Jose, CA, United States. |
| Is Kyligence publicly listed? | No, Kyligence is a private, VC-backed company. |
| How much funding has Kyligence raised? | Kyligence has raised $118M across 4 funding rounds. |
| What was Kyligence's last funding round? | Kyligence's last funding round was a $70M Series D in April 2021, led by SPDB International Holdings. |
| Who are Kyligence's investors? | Kyligence's investors include Shunwei Capital, Eight Roads Ventures, Redpoint Ventures China, CBC Capital, Cisco, Redpoint, SPDB International Holdings, Jumbo Sheen Group, CICC, Shanghai Growth Capital and 4 others. |
| Which companies are comparable to Kyligence? | Companies comparable to Kyligence include Datadog, Dynatrace, ClickHouse, Dataiku, Starburst and PingCAP. |
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