Striim Raises Additional $10M in Series B Funding from Atlantic Bridge Capital

Funding Rounds

▤ Summary

Striim, Inc., a Palo Alto, CA-based provider of a real-time data integration and intelligence platform, closed an additional $10m in funding from Atlantic Bridge Capital.The company will use the funds for scaling companies internationally, expanding its presence in Europe and extending its streaming data integration and intelligence solution in Cloud, SaaS and Internet of Things (IoT) applications.In conjunction with the new funding, Kevin Dillon, General Partner at Atlantic Bridge Capital, will join Striim’s Board of Directors as an Observer.Led by Ali Kutay, founder and Chief Executive Officer, Striim provides a streaming integration and intelligence solution, which allows users to deliver custom streaming analytics applications.With the platform, enterprises can aggregate and correlate streams from multiple data pipelines, detect anomalies, identify and visualize events of interest, and trigger alerts and workflows — all in-memory, before data lands on disk.

$ Funding

$
Amount $10.0M Total raised
□
Date March 16, 2016 Announcement date
◎
Investors Atlantic Bridge Lead investors
▥
Company http://www.striim.com Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
Real-time Data Integration Data Streaming SaaS

▦ Linked Companies

Striim
$10M to $25M