Striim announces $50M Series C funding led by Goldman Sachs Growth Equity

Based in Palo Alto, CA, Striim is led by Founder & CEO, Ali Kutay, and was founded by the core team from GoldenGate Software, Inc. (acquired by Oracle in 2009). We are seeing firsthand the tremendous rate at which the worlds largest enterprises are joining the digital-first economy through the adoption of modern data platforms especially in the cloud," said Ali Kutay, CEO and Chairman of Striim. "We are thrilled to partner with Goldman Sachs to scale out and accelerate Striims adoption in our core enterprise and adjacent markets where we see clear demand for an exceptional cloud data integration product. Building on their recent product developments and the increasing demand for enterprise-grade real-time data integration solutions, the company has continued to hire aggressively and now has over a hundred full-time employees across offices in Palo Alto, CA and Chennai, India. Striim has a best-in-class product that helps enterprises integrate streaming data across distributed, heterogeneous infrastructure environments while having the ability to service customers across multiple deployment models.