Synadia, a San Mateo, CA-based creator and maintainer of NATS.io(NATS), the open-source cloud and edge-native messaging system for data streaming, raised $25M in Series B funding.
The round, which brought the total amount to $51M, was led by Forgepoint Capital, with participation from Singtel Innov8, LDVP and 5G Open Innovation Lab. Forgepoint Managing Director Ernie Bio will join Synadia’s board of directors.
The company intends to use the funds to further accelerate the growth of NATS.io to extend their digital services to the edge.
Founded in 2017 by CEO Derek Collison, Synadia empowers developers and enterprises to accelerate the delivery of their edge applications strategy in a highly secure and cloud-agnostic way. It creates NATS.io, an open-source platform empowering applications globally. Its diverse customer base ranges from innovative startups to Global 500 enterprises in finance, retail, automotive, and industrial manufacturing to startups across fintech, AI, green energy, and gaming.
FinSMEs
23/02/2024