Confluent Propels Data Architecture into Event Streaming Era with $125 Million Series D

Funding Rounds

Summary

Messaging, ETL (extract, transfer, load) and data integration technologies rose to fill the gap between batch processing and real time but predated the architecture standards of modern distributed systems. In order to stay competitive and meet customer expectations, businesses today need the full picture of historical data as well as visibility into events taking place in real time. Enterprises around the world, including AUDI, Capital One, JPMorgan Chase, Nordea Bank, BT TV, Priceline.com and many more implemented Confluent or expanded their existing deployments to accelerate success with event streaming. Released Confluent Platform 5.0, which introduced significant new capabilities, from making infrastructure more secure, reliable and easier to manage, to enabling more powerful applications with streaming data. With Confluent, organizations benefit from the first event streaming platform built for the enterprise with the ease-of-use, scalability, security and flexibility required by the most discerning global companies to run their business in real time.

$ Funding

$
Amount $125.0M Total raised
Date January 23, 2019 Announcement date
Investors - Lead investors
Company http://www.confluent.io Funded company

Classifications

industries
HealthTech
applications
Data Management

AskAI Classifications

Labels
Data Streaming Platforms SaaS Cloud Infrastructure Software

Linked Companies

Confluent
$1M to $5M