Sumatra, an Austin, Texas-based real-time data platform company, today announced that it has secured $1.5 million in seed financing.
The round was led by S3 Ventures, with participation from Sentiero Ventures, Data Power Ventures, and AI Sprouts.
The funding coincides with the General Availability of the company's SaaS platform, after building in partnership with select pre-launch customers.
Company: Sumatra
Raised: $1.5M
Round: Seed Round
Funding Month: July 2022
Lead Investors: S3 Ventures
Additional Investors: Sentiero Ventures, Data Power Ventures, and AI Sprouts
Company Website: https://sumatra.ai/
Software Category: Real-time data platform
About the Company: Co-Founded by Greg Kuhlmann and Lucas McGrew in 2020, Sumatra is a real-time data company, that deployed a simple way for real-time machine learning, the Sumatra platform gives data teams self-service tools to build real-time feature pipelines from event-based data. Sumatra is a self-service platform for ML engineers to define real-time pipelines over raw event data. Sumatra's mission is to give creators at every experience level the tools to do their most inspired work. The company offers a managed SaaS instance on AWS to allow users to integrate immediately and evaluate the platform on non-production data.
Source: https://www.prnewswire.com/news-releases/sumatra-raises-seed-round-to-launch-real-time-data-platform-301585412.html