When Tom and Gareth built the original version of this at History Hackday in London they mentioned it in their presentation (it was being filmed so I presume it's online somewhere?) - it's based on the English Wikipedia data so it's skewed to a English speaking world view.
Although even more generally European and Asian history (as academic fields) have been much more deeply studied than African history.
EDIT: Yay, title's been fixed. I'll leave my post here for context.
The title isn't very accurate, or at least it assumes a lot about the reader. I expected to begin about 4 billion years ago, for the entire history of our world. Or perhaps the beginning of humans, a few million years ago. Or perhaps human civilization, a few tens of thousands of years ago. Not a measily 2500 years ago dealing with the West.
As for the chosen time period, it's really very simple. We had limited time, and English-language Wikipedia has year pages going back as far as 500BC. Before that, years are grouped into decades and centuries - it would have been possible to parse those too, but hey, limited time.