Redpanda Data (formerly Vectorized) 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.