Aiven raises $100m Series C to accelerate global expansion

Aiven

Aiven, a software company that combines open source technologies with cloud infrastructure, has today announced it raised $100m through its Series C funding round.

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This brings the company’s total investment to $150m, and has reached a valuation of more than $800m.

The round was led by Atomico, with participation from Salesforce Ventures and World Innovation Lab 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.

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.”

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