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Data Management Provider Aiven Acquires Kafka Startup Kafkawize

By ET Bureau - September 30, 2022 1 Mins Read

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

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ET Bureau

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.

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