Aiven Raises $100 Million in Latest Funding Round to Support More Open Source Projects

Aiven, a software company that combines the best open source technologies with cloud infrastructure, announced it raised $100 million in its Series C funding round, enabling the company to deepen its investment in open source software and further expand globally. This now brings the company’s total investment to $150 million and a valuation of more than $800 million.

The round was led by Atomico, with participation from World Innovation Lab and Salesforce Ventures as new investors. Lead investors of Aiven’s Series A (Earlybird Venture Capital) and Series B (IVP) also significantly increased their capital commitments to Aiven.

Aiven will use the proceeds from the round to bring new products to market, increase contributions to developing open source technologies, and continue the company’s international expansion.

Aiven’s products are universally applicable, and the new investment and new investors will help the company better address underserved markets. The company plans to double its headcount over the next year and launch a formal open source program office.

“Aiven’s mission is to champion open source, making the lives of developers better in all that we do,” said Oskari Saarenmaa, CEO and co-founder at Aiven. “The most recent funding will enable us to continue adding new service capabilities, grow our team and expand into new markets, as well as more significantly contribute to the open source community.”

Democratizing access to the best open source technologies, Aiven offers fully-managed services for popular open source projects like Apache Kafka and Cassandra, Elasticsearch, M3 and PostgreSQL in the public cloud.

With Aiven, companies of all sizes, from innovative startups to global leaders like Comcast, Decathlon, Wolt, OVO Energy and more, can have a modern, fully-functional open source data infrastructure from different regions in the world in minutes based on their needs with end-to-end security, set-up, maintenance, and 24/7 monitoring across all major public cloud platforms.

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