Streamkap secures $25M Series A led by Sequoia
Streamkap, a San Francisco-based real-time data exchange startup, raised $3.3M in seed and pre-seed funding.
The round was led by InReach Ventures, with participation from Ten13, Haatch Ventures, and Begin Capital. The funds will be utilized to expand the engineering and sales teams, and enhance their streaming transformation capabilities.
CEO Paul Dudley shared that the investment will help accelerate their innovation, particularly in response to increased demand following Rockset's acquisition by OpenAI. The startup aims to simplify access to faster data and improve customer experiences.
Streamkap already serves clients like SpotOn and Fleetio, offering faster, cheaper, and more reliable data solutions than previous platforms.