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Redpanda Announces $50M Series B Funding From Gv, Lightspeed Venture Partners, And Haystack Vc

Feb 23, 2022•over 3 years ago

Amount Raised

$50 Million

Round Type

series b

San Francisco

Description

Redpanda Data (formerly Vectorized) today announced it has raised $50M in Series B funding, led by GV with participation from Lightspeed Venture Partners (LSVP) and Haystack VC. Released in early 2021, Redpanda is a modern streaming platform that gives developers a simple, fast, reliable, and unified "engine of record" for both real-time and historical enterprise data. With its latest capital infusion, Redpanda has raised $76M to-date and plans to grow its global engineering and go-to-market teams as customer adoption accelerates.

Company Information

Company

Redpanda

Location

San Francisco, California, United States

About

Redpanda is the modern streaming data platform for developers. API-compatible with Apache Kafka, Redpanda introduces a breakthrough architecture and disruptive capabilities that make it a simple, fast, reliable, and unified engine of record for both real-time and historical enterprise data. Trailblazers like Cisco, Laceworks, Mr Yum, JumpTrading, and Alpaca rely on Redpanda to push hundreds of terabytes of streaming data a day through their streaming applications and services. Backed by premier venture investors Lightspeed, GV and Haystack VC, Redpanda is a diverse, people-first organization with teams distributed around the globe. To learn more, visit our website at https://redpanda.com and follow us on Twitter at @redpandadata. SOURCE Redpanda Data Inc

Funding Insights

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