Announcing 's Series A and the General Availability of Topics

Funding Rounds

Summary

We are excited to share two major pieces of news today!First, we want to announce our $15M Series A round, led by returning investor Bain Capital Ventures and joined by the General Partnership. From AAA game titles to agricultural IoT, we meet our customers where they are to apply our expertise and world-class technology towards their success.Recently, weve acknowledged how enterprise scale accentuates Momentos value proposition. This has trickle-down effects for mid-market and early-stage product developers, who gain access to a hardened, feature-rich platform that bulldozes all the road bumps as they grow. Weve recently increased our go-to-market investments and also established an office in Tokyo, to support our rapid expansion into the Japanese market.The Momento platform is and always will be generalized infrastructure for all product builders. Similarly, Menlo Ventures named Momento as the only caching solution in their Modern AI Stack.Were at an early point in the journey to build the industry-leading platform for real-time applications and the leading indicators are favorable.

$ Funding

$
Amount $15.0M Total raised
Date July 18, 2024 Announcement date
Investors - Lead investors
Company https://www.gomomento.com Funded company

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