Aiven has completed a £6.8m Series A funding round to enhance its cloud data platform with more integrated solutions and to accelerate international growth.
Oskari Saarenmaa, co-founder and CEO at Aiven said: “We see a tremendous number of companies around the world now implementing their new real-time data platforms in the cloud. The new funding will allow us to better cater to their requirements.”
The round was led by Earlybird Venture Capital with participation from Lifeline Ventures and Nokia chairman Risto Siilasmaa. Hendrik Brandis, partner and co-founder of Earlybird, joins the Aiven board of directors as part of the transaction.
Brandis commented: “Aiven’s ability to outcompete established market players and build a highly capital efficient international business is impressive. We’re eager to become a part of the story and continue growing the company.”
Aiven launched its data cloud offering in 2016 and now has a growing number of customers, such as Atlassian, Comcast and OVO Energy.