Confluent Announces $250 Million Series E and Project Metamorphosis to Enable Every Organization to Harness the Full Power of Event Streaming
Amount Raised
$250 Million
Round Type
Series E
Mountain ViewInformation TechnologySoftwareAnalyticsinformation technology & servicesDescription
Confluent, Inc., the event streaming platform pioneer, today announced the closing of a $250 million Series E round led by Coatue Management. New investors Altimeter Capital and Franklin Templeton joined existing investors Index Ventures and Sequoia Capital who also participated in the round, bringing Confluent’s total funding to $456 million. The adoption of event streaming as the platform for all current and historical data is rapidly accelerating as demand for real-time digital experiences are higher than ever. This groundswell of adoption led Confluent to double its annual recurring revenue year over year in 2019 and increase Confluent Cloud revenue more than 450 percent year over year
Quick answer
Confluent raised $250 Million in a Series E round, dated April 21, 2020. Confluent is based in Mountain View, California, United States.
- How much did Confluent raise?
- Confluent raised $250 Million in a Series E round on April 21, 2020.
- What does Confluent do?
- Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion.
- Where is Confluent based and how big is it?
- Confluent is based in Mountain View, California, United States. Fundz records about 3,100 employees.
- Who are the decision-makers at Confluent?
- Fundz holds 3 contacts at Confluent, including the Engineer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Analytics and information technology & services around the same time
Companies in the same sectors as Confluent that raised within 45 days of this round, from Fundz verified event records.
- CompanyCam raised an undisclosed amount on June 3, 2020.
- Cinchy raised $10M (Funding Round) on May 26, 2020.
- CLARA Analytics raised $21M on May 21, 2020.
- Featurespace raised $39M (Funding Round) on May 13, 2020.
- Intento raised $8.3M on May 11, 2020.
- Catalyst raised $25M (Series B) on April 28, 2020.
Who to call at Confluent, and when
A new round usually means Confluent is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Confluent raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Confluent, from your own LinkedIn network
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Related People
Confluent raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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