About Redpanda Data
Redpanda offers a data streaming platform that simplifies the use of Kafka APIs, making it easier for businesses to process real-time data. It can be accessed as a fully-managed cloud service or through self-hosting, providing flexibility for users. The platform significantly reduces infrastructure costs and improves performance, claiming to lower expenses by six times while enhancing latencies and throughput. Redpanda aims to be a cost-effective and user-friendly alternative to traditional data streaming solutions, with a focus on environmental sustainability and data security.
San Francisco, CaliforniaHeadquarters
2019Year Founded
$161MTotal Funding
SERIES_CCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
51-200Employees
Benefits
Remote Work Options
Flexible Work Hours
Risks
Increased competition from new Kafka-compatible solutions could erode Redpanda's market share.
Integration challenges from the Benthos acquisition may disrupt service delivery.
Reliance on BYOC model exposes Redpanda to risks from varying cloud provider policies.
Differentiation
Redpanda offers a Kafka API-compatible platform with reduced complexity and cost.
The platform supports both fully-managed cloud service and self-hosted deployment options.
Redpanda's environmentally friendly design reduces compute, storage, and bandwidth consumption.
Upsides
Redpanda's acquisition of Benthos enhances its platform with advanced stream processing features.
The partnership with Ockam positions Redpanda as a leader in secure data streaming.
Redpanda Serverless offers a flexible, pay-as-you-go model appealing to startups and small businesses.
Funding
Total raised$160.99 M
Latest valuation$500.00 M
StageSERIES_C
SERIES C
5/31/2023$100
$500.00 MSERIES B
1/31/2022$50
$250.00 MSERIES A
12/31/2020$12
$62.50 MSEED
12/31/2019$3
$15.00 M