The Ring Zero Of Real Time Data Processing Redpanda Scores 50M Series B Funding To Grow Its Streaming Platform
The streaming analytics market (which depending on definitions, may just be one segment of real-time data processing) is projected to grow from $15.4 billion in 2021 to $50.1 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 26.5% during the forecast period as per Markets and Markets. Today, Redpanda Data (formerly Vectorized) announced it has raised $50M in Series B funding, led by GV with participation from Lightspeed Venture Partners (LSVP) and Haystack VC....