DataStax Secures $115 Million in Funding  

by Kay Aloha Villamor June 21st, 2022

DataStax, a Santa Clara, CA-based real-time data company, announced that it secured $115 million in funding.

The round was led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from RCM Private Markets fund advised by Rokos Capital Management (US) LP, Singapore-based global investor, EDB Investments Pte. Ltd., and DataStax's existing investors including Crosslink Capital, Meritech Capital Partners, OnePrime Capital, and other current investors. 

DataStax will use the funding to accelerate the global expansion and development of its Astra DB multi-cloud database and its Astra Streaming service, which are part of the company’s open data stack for building and running real-time applications on any cloud, at a massive scale, anywhere in the world, with zero downtime.

Company: DataStax, Inc.

Raised: $115.0M

Round: Unknown 

Funding Month: June 2022

Lead Investors: Goldman Sachs Asset Management (Goldman Sachs)

Additional Investors: RCM Private Markets fund advised by Rokos Capital Management (US) LP, EDB Investments Pte. Ltd., Crosslink Capital, Meritech Capital Partners, and OnePrime Capital

Company Website: https://www.datastax.com/

Software Category:  Multi-Cloud Event Streaming SaaS 

About the Company: DataStax is a real-time data company. With DataStax, any enterprise can mobilize real-time data and quickly build the smart, highly scalable applications required to be a data-driven business. With Astra DB and Astra Streaming, DataStax uniquely delivers the power of Apache Cassandra™—the world’s most scalable database—with the advanced Apache Pulsar™ streaming technology in an open data stack, available on any cloud. Hundreds of the worlds leading enterprises, including Verizon, Audi, ESL Gaming, and many more rely on DataStax to unleash the power of real-time data to create the in-the-moment digital experiences that can win new markets and change industries. Apache, Apache Cassandra, Cassandra, Apache Pulsar, Pulsar, and Apache Kafka are either registered trademarks or trademarks of the Apache Software Foundation or its subsidiaries in Canada, the United States, and/or other countries.


Source: https://www.datastax.com/press-release/datastax-secures-usd115-million-investment-led-by-goldman-sachs-asset-management



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