Superstream Labs News
2 articles
growth-positive
Memphis Cloud Focuses on Making Event Streams Easier to Manage
Memphis, a company that provides a real-time data platform, has launched Memphis Cloud, a real-time streaming data platform based on the open source Memphis.dev. The platform is designed to simplify real-time messaging, which is becoming increasingly important for enterprises adopting microservices and event-driven architectures. Memphis aims to address the challenges of setting up and managing clusters, which has been a major issue in the management of real-time systems. The company has secured $5.58 million in seed funding co-led by Angular Ventures and boldstart ventures.
Investment
growth-positive
Memphis.dev secures $5.5 million in Seed to accelerate development of real-time applications | CTech
Memphis.dev, an event streaming company, has secured $5.5 million in Seed funding co-led by Angular Ventures and boldstart ventures. The funding announcement coincided with the introduction of Memphis Cloud, which enables a serverless experience for enterprises. Memphis.dev focuses on product evolution with a roadmap for support with GitOps, automation enablement, and reconstructing select APIs. The company aims to build a more intelligent and frictionless message broker. Memphis Cloud can run alongside Kafka and disrupt the dominance of Kafka and Flink as a message broker for real-time applications.
InvestmentPartners
