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Greylock and Amplify Partners led a $20m round in WarpStream Labs.

Financials

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Transaction Value£15m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

data streaming platform

Digital Services

United States

Acquisition

Domestic

Minority

Private Equity

Venture Capital

Completed

Friendly

Single Bidder

Synopsis

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Greylock, a venture capital firm, and Amplify Partners, an early-stage venture capital firm, led a $20m round in WarpStream Labs, a cloud-native data streaming infrastructure company, with participation from Ben Sigelman, Spencer Kimball and Barry McCardel. “With Husky, we set out to solve Datadog’s storage problem by making it cost-effective and easy to operate. But we realized that Husky only addressed part of the problem – all the data still had to flow through Apache Kafka. If we could separate compute and storage to reduce costs and operational burden at the database layer, there was no reason we couldn’t do the same at the streaming layer,” Richard Artoul, WarpStream Labs CEO and Co-Founder.

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