WarpStream Labs Raises $20M to Modernize Data Streaming with a Cloud Native Replacement for Apache Kafka

Funding Rounds

Summary

While working at DataDog, WarpStream’s founders Richie and Ryan built Husky, a columnar database purpose-built for observability data that ran directly on top of object storage. Husky replaced an existing system that was designed with traditional data centers in mind with a more modern, cloud native architecture that dramatically reduced costs and operational burden. "We left Datadog to build a data streaming system that is actually cloud native and cost-effective," said Ryan Worl, CTO and Co-Founder of WarpStream Labs. BYOC brings all the benefits of a fully managed SaaS directly into the customers cloud account, while still reducing costs by 5-10x compared to self hosting Apache Kafka. BYOC combines compute and storage resources within the customer’s environment, with a fully-managed control plane and metadata service that is hosted and managed by WarpStream Labs.

$ Funding

$
Amount $20.0M Total raised
Date March 15, 2024 Announcement date
Investors - Lead investors
Company https://www.warpstream.com/ Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies