RudderStack, a San Francisco, CA-based platform for building customer data stacks, raised $56m in Series B funding.
The round was led by Insight Partners with support from Kleiner Perkins and S28 Capital. In conjunction with the funding, Praveen Akkiraju, Managing Director at Insight Partners, is joining the RudderStack board.
The company, which has raised a total of $82m to date, intends to use the funds to accelerate growth.
Founded in 2019 by Soumyadeb Mitra, CEO and Shvet Jain, executive chairman of the company and partner at S28 Capital, RudderStack provides thousands of companies with a platform to power the collection, enrichment, and activation of customer data. The company’s data pipelines that sync data into the cloud data warehouse and to downstream apps help free up engineering time to focus on building data products that create value for customers.
The customer list includes AllBirds, Wealthfront and Crate & Barrel, among others.
FinSMEs
02/02/2022