Momento, a Seattle, WA-based provider of a real-time data platform, raised $15M in Series A funding.
The round was led by Bain Capital Ventures, with participation from The General Partnership, Marianna Tessel Neha Narkhede, Tom Killalea, Don MacAskill, and John Lilly.
The company intends to use the funds to accelerate enterprise sales and to expand the platform’s feature set, with a focus on supporting new AI workloads.
Led by CEO Khawaja Shams, Momento makes real-time data infrastructure easy at enterprise scale. Its platform is managed and built for scale, with a streamlined development and operational experience.
Momento Topics is a pub/sub messaging service optimized for real-time many-to-many communication at global scale. With security and scalability, it enables developers to build live applications that deliver instant updates to millions of users. Capabilities include:
- Reliable low-latency event bus capable of handling massive bursts in traffic
- Rich feature set including authentication, access control, and encryption
- Intelligent control plane efficiently manages resources to eliminate downtime
Customers include CBS, Wyze, ProSieben, NTT DOCOMO, Paramount, and Taco Bell.
FinSMEs
18/07/2024