Announced
Completed
Financials
Tags
Private
data streaming platform
Digital Services
United States
Acquisition
Domestic
Minority
Private Equity
Venture Capital
Completed
Friendly
Single Bidder
Synopsis
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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