SAN FRANCISCO, Feb. 23, 2022 /CNW/ -- Redpanda Data (formerly Vectorized) today announced it has raised $50M in Series B funding, led by GV with participation from Lightspeed Venture Partners (LSVP) and Haystack VC. Released in early 2021, Redpanda is a modern streaming platform that gives developers a simple, fast, reliable, and unified "engine of record" for both real-time and historical enterprise data. "Redpanda has built streaming data infrastructure for developers from the ground up to deliver simplicity, performance, and reliability while enabling enterprises to continue to run the software stacks theyve already invested in," said Dave Munichiello of GV. "Were thrilled to partner with Alex Gallego and the entire team as they build the preeminent platform for developing modern applications that rely on real-time streaming data." API-compatible with Apache Kafka, Redpanda introduces a breakthrough architecture and disruptive capabilities that make it a simple, fast, reliable, and unified engine of record for both real-time and historical enterprise data.