Confluent Closes $24M in Series B Funding

confluentConfluent, a Mountain View, CA-based Apache Kafka-built enterprise-class stream data platform, closed a $24m in Series B funding.

The round was led by Index Ventures, with participation from existing investor Benchmark. In conjunction with the funding, Mike Volpi, partner at Index Ventures, joined Confluent’s board of directors.

The company, which has raised $31m to date, intends to use the funds to accelerate product development, adding new stream data management features to Kafka and other elements.

Founded by the creators of Apache™ Kafka™ and led by Jay Kreps, CEO, Confluent enables organizations in various industries, from retail, logistics, and manufacturing, to financial services and online social networking, with a scalable, unified, real-time data pipeline that enables applications ranging from large volume data integration, to big data analysis with Hadoop, to real-time stream processing.

The platform is built around Apache Kafka, the open source system for managing real-time streams of data from websites, applications and sensors that is now being used as fundamental infrastructure by thousands of companies including LinkedIn, Netflix, Uber, Cisco and Goldman Sachs.




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