DeltaStream Raises $15M in Series A Funding to Deliver the Future of Real-Time Stream Processing in Cloud
2024年9月17日 - 9:05PM
ビジネスワイヤ(英語)
Platform seamlessly unifies, governs, and processes the next
generation of data analytics.
DeltaStream, Inc., the serverless stream processing platform,
today announced it has raised $15M in Series A funding from New
Enterprise Associates (NEA), Galaxy Interactive and Sanabil
Investments. The funding will accelerate the company’s vision of
enabling a complete serverless stream processing platform to
manage, secure and process all streaming data, irrespective of data
source or pipeline.
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Event streaming platforms such as Apache Kafka have become
essential in today’s data-driven industries, with many sectors
adopting real-time data streaming. As AI advances, real-time data
is becoming even more critical for applications.
DeltaStream, founded by Hojjat Jafarpour, CEO and creator of
ksqlDB, helps organizations build real-time streaming applications
and pipelines with SQL in minutes. The platform leverages the power
of Apache Flink© while simplifying its complexity, making it
accessible to businesses of all sizes–from startups to large
enterprises. DeltaStream is available as a fully managed service or
a bring-your-own-cloud (BYOC) option.
"Streaming data is essential for modern apps, but it's been
difficult and costly to get value from it. DeltaStream’s serverless
platform simplifies infrastructure management, allowing users to
focus on building their applications," said Hojjat Jafarpour. "To
fully benefit from real-time data, customers need an organized view
across all data stores, role-based access control, and secure
sharing of real-time data. What Databricks and Snowflake did for
stored data, DeltaStream does for streaming data."
DeltaStream also integrates with Databricks and Snowflake,
letting customers create real-time pipelines that quickly move data
from streaming platforms like Apache Kafka to these systems.
“We're seeing rapid adoption of streaming data and the rise of
platforms such as Apache Flink©,” NEA partner and DeltaStream board
member Aaron Jacobson explained. “However, one of the main
challenges of using such systems has been their operational
complexity. With DeltaStream, users have the power of Apache Flink©
without having to deal with its complexity resulting in
significantly cost effective and accelerated time to market for
real-time data applications.”
"DeltaStream is leading the charge in real-time streaming, where
speed, low latency and intelligent decision-making are critical for
businesses to maintain a competitive edge,” said Jeff Brown, Galaxy
Interactive Partner, “Their enterprise grade, secure, and scalable
solution simplifies complex stream processing, allowing teams to
focus on deriving insights rather than managing
infrastructure.”
About DeltaStream:
DeltaStream’s innovative stream processing platform harnesses
the power of Apache Flink© to simplify and easily process real-time
data. Furthermore, the platform provides governance, organization
and secure sharing capabilities for streaming data across all
streaming storage platforms including Apache Kafka, Apache Pulsar
AWS Kinesis and many more. In addition to its SaaS offering,
DeltaStream’s platform is also available in private SaaS(also known
as Bring Your Own Cloud) deployment to address the needs of
regulated industries with high data privacy and security
requirements. DeltaStream’s platform seamlessly integrates with
both Databricks and Snowflake platforms enabling customers to build
real-time data pipelines to make data available in Databricks and
Snowflake seconds after it is available in Streaming platforms such
as Apache Kafka.
DeltaStream is exhibiting this week at the Current Conference in
Austin, Texas.
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press@deltastream.io