Aiven Ltd., a startup that offers managed cloud versions of open-source data management tools, has acquired Kafkawize Technology Solutions, another startup.
The agreement was announced by Aiven, but no financial details were provided. Aiven received USD210 million in funding a few months prior to the acquisition from a group of significant investors that included BlackRock, Salesforce Ventures, and others. The Series D funding round valued the startup with headquarters in Finland at over USD3 billion.
The startup that Aiven purchased, Kafkawize, offers the same-named open-source tool. Using Apache Kafka, an open-source platform that helps businesses move data between their applications, is made simpler by the tool.
Read More: Data management provider Aiven acquires Kafka startup Kafkawize
Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.
The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.
