Meroxa, a San Francisco, CA-based provider of a real-time data Platform as a Service, raised $15M in Series A funding.
The round was led by Drive Capital with participation from existing investors Root, Amplify, and Hustle Fund. The Series A follows a previously-undisclosed $4.2m seed round co-led by Root and Amplify, with participation from Hustle Fund, Village Global, Meritech Capital, Sequoia, Kleiner, Addition, Menlo, and Index Ventures. Strategic angels participating in the seed round included Adam Gross (former CEO of Heroku), Jason Warner (CTO of GitHub), Calvin French-Owen former (CTO of Segment), & Nick Caldwell (VP of Engineering at Twitter).
Founded by DeVaris Brown (CEO) and Ali Hamidi (CTO), Meroxa is a real-time data Platform as a Service designed to give data teams the tools they need to build real-time infrastructure in minutes by reducing complexity and enabling self-service capabilities.
The company already has a team of 24 remote employees.
The Meroxa platform currently includes:
- a Machine Learning powered rules engine that automates repetitive tasks and ensures that data is secure and optimized for performance.
- a change data capture service that securely connects cloud-deployed data sources to Meroxa.
- Meroxa Dashboard, which allows developers to build real-time infrastructure from the visual dashboard, automating surface action items to help preserve the stability of data pipelines.
- Auto-generated, real-time, API endpoint that frees developer teams to focus on building features instead of configuring infrastructure.