Equalum, a provider of data integration and ingestion solutions, announced it is receiving $14M in a Series C financing round, enabling the company to expand its global footprint, product development, and rapid growth trajectory.
The investors include Planven, United Ventures, Innovation Endeavours, Saints Capital and the company’s newest partner, SpringTide Ventures. Total fundraising now stands at $39M as the company helps organizations connect to, transform, manipulate, and synchronize disparate data from multiple sources.
Equalum is defining the future of data integration by providing a solution that continuously and natively supports all use cases under a single unified platform without the need for custom coding.
The company’s flagship technology eliminates data integration tool sprawl and simplifies the development of real-time streaming data pipelines with end-to-end monitoring all within a single easy to use platform.
The platform is trusted by industry leaders to accelerate cloud adoption by insulating the end user from the complexities of mutli-cloud and hybrid cloud deployments, according to the vendor. The company has a strong customer base across a wide range of verticals, including financial services, insurance, healthcare and manufacturing.
The Equalum Continuous Data Integration Platform (CDIP) will support the demand for on-premises, hybrid, and multi-cloud-based projects that require tight integration with Azure, AWS and Google Cloud Targets. Equalum also offers real-time streaming for a wide range of use cases in addition to Batch ETL, Replication and industry leading Change Data Capture capabilities.
“The success of an organization can more often be measured by its ability to quickly access, move and process business-critical data for a wide range of important applications,” said Guy Eilon, CEO of Equalum. “With the mission of taking data integration to the next level, this round extends our reach to a greater number of enterprises seeking a more performant, efficient solution.”
For more information about this news, visit www.equalum.io.