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Venture Capital News: DeltaStream Scoops Up $15M Series A Round

2024-09-17
MENLO PARK, CA, DeltaStream, the serverless stream processing platform, today announced it has raised $15 million in Series A funding.
DeltaStream, 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.

DeltaStream's innovative stream processing platform harnesses the power of Apache FlinkĀ© 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.
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