Fenwick Represents Timescale in $15 Million Series A-1 Financing

Fenwick & West represented Timescale, Inc., developer of an open-source time-series SQL database, in its $15 million Series A-1 financing led by Icon Ventures, with participation from existing investors Benchmark, NEA and Two Sigma Ventures.

With this new round of funding, Timescale plans to develop scale-out clustering, add more open-source, community, and enterprise-grade features, and expand the reach of its TimescaleDB. More information about Timescale’s $15 million Series A-1 financing can be obtained from the company announcement.

The Fenwick transaction team was led by corporate lawyers Ian Goldstein and David Frydman.