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Apache Flink Startup Immerok Announces $17M In Seed Funding

Apache Flink Startup Immerok Announces $17M In Seed Funding

10/03/22, 11:35 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$17 million
Industry
enterprise software
analytics
saas
software
Round Type
seed
Immerok, developers of a serverless Apache Flink cloud platform for real-time stream processing, today announced it has closed on a $17 million seed funding round led by Cusp Capital, 468 Capital, Cortical Ventures, and Essence VC along with participation from several angel investors, including Apache Flink co-creator, Stephan Ewen.

Company Info

Company
Immerok
Location
new york, united states
Additional Info
This next step will put ING on a trajectory where analytic capabilities are put in the hands of a wider target audience resulting in more data-driven decisions."The company will use the funds to continue to build and launch its fully-managed cloud service for Apache Flink that is now available to Early Access Program users on AWS. The company will also use funding to grow its team. Immerok has 20 employees with plans to grow to 30 by year's end and is hiring for roles in engineering, community relations, and customer success. Immerok has the vision, the team, and the technology to make this a reality for organizations of all types and sizes, and we are thrilled to partner with them on their journey.""Demand for streaming analytics applications is booming," said Florian Leibert with 468 Capital. 100% Flink, 0% OperationsCofounded by a group of Apache Flink experts including many Committers and PMC members, Immerok is on a mission to help companies benefit from real-time data by providing developers with the best platform for building, running & supporting Flink-based stream processing applications in the cloud without requiring costly infrastructure expertise."Businesses today differentiate themselves by data, so the most strategic IT initiatives right now center around data-intensive applications to support AI/ML models as well as realtime and predictive analytics," said Holger Temme, Co-founder and CEO of Immerok. Immerok is a leading contributor to Apache FlinkĀ® and develops a serverless Apache Flink cloud platform that enables developers to leverage the full power of Apache Flink and put it into production without requiring costly operational expertise.

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