Kirkland & Ellis advised Thoma Bravo its lead role in a $100 million Series D investment round in Imply Data, Inc., the company founded by the original creators of Apache Druid, which values the company at $1.1 billion. The investment round also included participation from OMERS Growth Equity, both new investors. Existing investors Bessemer Venture Funds, Andreessen Horowitz and Khosla Ventures also participated in the financing. This round brings Imply’s total funding raised to date to $215 million as the company accelerates to meet the growing need for modern analytics applications.
The Kirkland team was led by corporate partner Leon Johnson and associates Matthew Jensen and Niki Namazi, with support from corporate partner Jon-Micheal Wheat, and also included tax partners Adam Kool and Kevin Coenen and associate Steven Cantor, technology & IP transactions partners Seth Traxler and Aaron Lorber and associates Bernadette Coppola and Trevor Martin, labor & employment partner Michael Schulman and associate Alexis Grinstead, employee benefits partner Matt Antinossi, executive compensation partner Jared Whalen and associate James Sprague and ESG & impact partner Sara Orr and associate Kyle Guest.