Start-Up Timescale Private Beta Launch of Consumption-Based, Low-Cost Object Storage Layer Built on Amazon S3

Timescale, Inc. announced the private beta launch of a consumption-based, low-cost object storage layer built on Amazon S3.

Timescale Cloud customers can store an infinite amount of data to power their applications, paying for what they store.

The new capabilities expand the boundaries of traditional managed databases with a novel cloud-native architecture designed to save developers money and time, incorporating elements typically associated with data warehouses and data lakes, enabling PostgreSQL developers to grow their data effortlessly for a fraction of the price of traditional storage.

Rather than operating an external system for data archiving alongside a time-series database which often creates data silos and operational overhead, developers can now work with a single table where data is transparently tiered across different storage systems while retaining the ability to query that data via standard SQL.

“Since starting Timescale in 2017, we’ve continually provided the full PostgreSQL experience, which developers trust and love, and have now expanded it further for a cloud-native future,” said Mike Freedman, co-founder and CTO. “These innovative data tiering capabilities seamlessly combine the strengths of an object store with our cloud database built on PostgreSQL. This makes it easier and cheaper for developers to operate data-intensive applications in AWS.”

The company built new database internal capabilities and external subsystems to give application developers access to an object store from within a PostgreSQL database in Timescale Cloud. The result is that time-series tables, called hypertables, can stretch across standard disk storage (in Amazon EBS) and object storage (in Amazon S3), with data formats that are optimized for each layer. Query optimizations ensure that data is fetched from both disk and object storage for a single SQL query, abstracting away complexity from the PostgreSQL developer.

In addition to cost-efficient data tiering, future enhancements to the firm’s newly released object store will seek to enable easier data sharing between fleets of databases, faster transfer of data into new deployments, and smoother migration of data from external data warehouses to Timescale Cloud.

The company‘s consumption-based, low-cost object storage is currently available under private beta. Users with a Timescale Cloud account can request access – creating an account is free and it gives developers full access to the platform for 30 days.

About Timescale
It is the creator of Timescale Cloud, the managed performance PostgreSQL database cloud for mission-critical time-series and analytics applications. It is dedicated to serving software developers and businesses WW, enabling them to build the next wave of computing. It has a global workforce and is backed by Benchmark, New Enterprise Associates, Redpoint, Icon, Tiger Global, Two Sigma Ventures, and other investors. Founded in 2015, it got a total of $181.1 million in financial funding in 6 rounds.

Resources:
Blog: Expanding the Boundaries of PostgreSQL: Announcing a Bottomless, Consumption-Based Object Storage Layer Built on Amazon S3      
Blog: Do More on AWS With Timescale Cloud: 8 Services to Build Time-Series Apps Faster