With this latest investment, Redpanda is now valued at $1 billion, with a total of $265 million raised. The funds will be used to accelerate the company's growth and expand the capabilities of its real-time data platform for the agentic enterprise, which was also announced today.

Redpanda is a real-time data platform that powers agentic and operational applications by integrating real-time event processing, historical analytics, and AI connectivity into a unified system. Unlike traditional architectures that require sending data to external AI models, Redpanda and its innovative BYOC capabilities brings the model to the data.