Company

Confluent Raises a Series B

It is my pleasure to announce that Confluent has raised a Series B funding of $24M, led by Index Ventures and joined by our Series A investor, Benchmark. Mike Volpi of Index Ventures will be joining our board of directors.

Confluent is still a young company, but my co-founders and I have been working on Kafka for the last five years. It has been amazing to see it grow from a prototype to a system that handles hundreds of billions of events per day in some of the biggest companies in the world, and to see it flourish as an Apache project with contributions from people all over the world.

Our vision then was very much what it is today—to create an open source platform that would let us harness the kind of vast real-time streams of data that companies are beginning to grapple with. Founding the company was a way to help advance that, and this funding is the next step in that journey.

One of the most exciting parts of this has been the huge groundswell of enthusiasm around streaming data. It is amazing to see Kafka being used at the center of an ecosystem with so much innovation, and incredibly exciting to talk to our users and customers about the ambitious projects they are undertaking. When you raise money people often ask what it will be for, and in this case it’s quite easy to answer: it will be for all the things you’ve asked us for. That means additional work in Kafka on scalability, security, and simplicity; management and monitoring tools to help run at scale; and connectors and clients to help hook up all the many systems people use Kafka with.

Last but not least, our commitment to open source remains central to who we are and what Confluent is building. We believe true open source communities produce the best software, and we’re proud of the flourishing and diverse Kafka community that has developed. We promise to be a good citizen in that community and to continue our work to develop the project.

Did you like this blog post? Share it now

Subscribe to the Confluent blog

More Articles Like This

Confluent’s Commitment to Our Customers, Employees, and Community Amid COVID-19 (Coronavirus)

Confluent’s Commitment to Our Customers, Employees, and Community Amid COVID-19 (Coronavirus)

As the impact of COVID-19 (coronavirus) continues to spread, our top priority is the health and well-being of our customers, employees, and community. We are acutely aware that these are […]

Celebrating 1,000 Employees and Looking Towards the Path Ahead

Celebrating 1,000 Employees and Looking Towards the Path Ahead

During the holiday season, it’s a particularly relevant time to pause, reflect, and celebrate, both the days past and those ahead. Here at Confluent, it’s a noticeably nostalgic moment, given […]

The PipelineDB Team Joins Confluent

The PipelineDB Team Joins Confluent

Some years ago, when I was at LinkedIn, I didn’t really know what Apache Kafka® would become but had an inkling that the next generation of applications would not be […]

This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We also share information about your use of our site with our social media, advertising, and analytics partners.

More Information