Tuesday, March 7, 2017

Confluent raises $50M to continue growing commercial arm of Apache Kafka

Confluent, the commercial company built on top of the open source Apache Kafka streaming database project, announced today that it has closed a $50 million investment.

The round was led by Sequoia with Benchmark and Index Ventures also participating. Sequoia’s Matt Miller will be joining the Confluent board as part of the deal. Today’s round brings the total investment into the company to $80 million.

At its core, Kafka is simply a messaging system, created originally at LinkedIn, that’s been designed from the ground up to move massive amounts of data smoothly around the enterprise from application to application, system to system

Keep reading this article on Feedburner-Tech Crunch



source http://www.omnipopmag.com/2017/03/07/confluent-raises-50m-to-continue-growing-commercial-arm-of-apache-kafka/

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