Treasure Data is a privately held company that provides

customer data platform A customer data platform (CDP) is a collection of software which creates a persistent, unified customer database that is accessible to other systems. Data is pulled from multiple sources, cleaned and combined to create a single customer profile. ...

s in the form of data management and analytics software. The company developed

Fluentd Fluentd is a cross platform, cross-platform open-source software, open-source data collection software project originally developed at Treasure Data. It is written primarily in the C (Programming Language), C programming language with a thin-Ruby ...

, a

cross-platform Within computing, cross-platform software (also called multi-platform software, platform-agnostic software, or platform-independent software) is computer software that is designed to work in several Computing platform, computing platforms. Some ...

open-source Open source is source code that is made freely available for possible modification and redistribution. Products include permission to use and view the source code, design documents, or content of the product. The open source model is a decentrali ...

data collection Data collection or data gathering is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes. Data collection is a research com ...

software. Treasure Data is used by more than 450 organizations worldwide, including

AB InBev Anheuser-Busch InBev SA/NV, known as AB InBev, is an American-Belgian Multinational corporation, multinational Drink industry, drink and brewing company, brewing company based in Leuven, Belgium. It is the largest brewer in the world, and in 20 ...

Subaru is the automaker, automobile manufacturing division of Japanese transportation conglomerate (company), conglomerate Subaru Corporation (formerly known as Fuji Heavy Industries), the Automotive industry#By manufacturer, twenty-first largest aut ...

Stellantis Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...

, and

Yum! Brands Yum! Brands, Inc. (sometimes called simply Yum!) is an American multinational fast food corporation. It is a spin-off of PepsiCo, after they acquired KFC, Pizza Hut, and Taco Bell. PepsiCo divested the brands in 1997, and these consolidated as ...

History

Kazuki Ohta, Hironobu Yoshikawa and Sadayuki Furuhashi founded Treasure Data in 2011.

Yahoo! Yahoo (, styled yahoo''!'' in its logo) is an American web portal that provides the search engine Yahoo Search and related services including My Yahoo, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports, y!entertainment, yahoo!life, and its a ...

founder

Jerry Yang Jerry Chih-Yuan Yang (; born Yang Chih-Yuan; November 6, 1968) is a Taiwanese-born American billionaire computer programmer, internet entrepreneur, and venture capitalist. He is the co-founder and former CEO of Yahoo! Inc. and founding partne ...

was one of Treasure Data's angel donors and board members. In that same year, the company created

, a

software project, written primarily in

Ruby Ruby is a pinkish-red-to-blood-red-colored gemstone, a variety of the mineral corundum ( aluminium oxide). Ruby is one of the most popular traditional jewelry gems and is very durable. Other varieties of gem-quality corundum are called sapph ...

(a programming language developed by

Yukihiro Matsumoto , also known as Matz, is a Japanese computer scientist and software programmer best known as the chief designer of the Ruby programming language and its original reference implementation, Matz's Ruby Interpreter (MRI). , Matsumoto is the Ch ...

, another investor in Treasure Data). Treasure Data secured $5 million in Series A funding backed by Sierra Ventures in 2013. The company would later raise $15 million in Series B funding led by

Scale Venture Partners Scale Venture Partners is an early-stage venture capital firm that invests in Series A and Series B rounds. Scale has invested in over 380 Cloud, SaaS, and infrastructure companies over the past 20 years. Of these investments, 159 have resulted ...

in 2015. In 2018, Treasure Data was purchased for $600 million by

Arm Ltd. Arm Holdings plc (formerly an acronym for Advanced RISC Machines and originally Acorn RISC Machine) is a British semiconductor and software design company based in Cambridge, England, whose primary business is the design of central processing ...

, a British

semiconductor A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities (" doping") to its crystal structure. When two regions with different doping level ...

and

software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...

design company, owned by the

Softbank Group is a Japanese multinational investment holding company headquartered in Minato, Tokyo, that focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a m ...

, a Japanese multinational investment holding company. Technology from the company was used in combination with other acquisitions by Arm to create the Arm Pelion IoT Platform, an internet-of-things connectivity, device and data management platform. When Arm entered into an agreement to be acquired in 2021 by

NVIDIA Nvidia Corporation ( ) is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Founded in 1993 by Jensen Huang (president and CEO), Chris Malachowsky, and Curti ...

for $40 billion, Arm's IoT Services Group (which included Treasure Data) was not included in the sale. As a result, the company was spun out by Softbank Corp., becoming an independent company with a valuation near $1 billion. Treasure Data would go on to raise $234 million in funding led by the Softbank Group, where the total amount was considered the largest single funding round for a customer data platform at the time. In October 2024, Treasure Data was praised as a leading company by

Forrester Research Forrester Research, Inc. is a research and advisory firm. Forrester serves clients in North America, Europe, and Asia Pacific. The firm is headquartered in Cambridge, Massachusetts, Cambridge, MA with global offices in Amsterdam, London, New D ...

in the company's "The Forrester Wave" report.

References

{{Reflist Software companies of the United States American companies established in 2011 2011 establishments in California Software companies established in 2011