Redpanda nabs $100M Series C as streaming service experiences significant growth

TL;DR

Redpanda helps companies capture data in real time in a modern context, providing a new way to stream data while maintaining backwards compatibility with Kafka, the popular open source streaming project. “We’re basically oversubscribed on this round, and I know you mentioned that in this climate, it’s been hard to raise money, but the reason for this is that we quintupled our revenue last year and doubled the size of the company — and we literally haven’t lost the deal in seven months against all the competitors,” Gallego told TechCrunch. He says as a Latino leader, he is cognizant of the need to build a diverse workforce and is working to do so as he scales the company, starting with the leadership team and working from there

Like summarized versions? Support us on Patreon!