DeltaStream pockets $10 million in funding to facilitate real-time data streaming for developers
Serverless streaming database platform startup DeltaStream emerged from stealth today armed with $10 million from a seed funding round led by New Enterprise Associates.
The company has built a serverless streaming database designed to help manage, secure and process data streams. The “serverless” aspect refers to how the platform abstracts away the underlying infrastructure, so that developers can interact with the platform without tinkering with computer servers.
DeltaStream is part of the real-time data computing game, an area of vital importance to today’s businesses. It’s real-time data that allows businesses to provide instant product recommendations when someone walks into a mall, for example. It also allows financial institutions to spot and block fraudulent transactions as soon as they are attempted.
Most companies rely on cloud-based data streaming platforms such as Apache Kafka or Amazon Kinesis to power these applications. These platforms continuously capture tons of live data from hundreds if not thousands of different sources. It is this data that helps power real-time applications that can process and react to events with minimal latency.
Implementing all this real-time data flow is a huge struggle for all but the most capable companies. This requires a team of developers familiar with distributed systems and with data management skills. At the same time, this team must work around the clock and provide servers and clusters to guarantee delivery guarantees, fault tolerance and elasticity. The same team must also operate the entire system 24 hours a day.
DeltaStream says doing all of this is a huge burden on developer teams. Its serverless database is designed to manage, secure and process all the data streams it ingests. Essentially, it provides a compute layer on top of streaming storage systems like Kafka and Kinesis. With DeltaStream, it becomes possible to read data from one or more services, perform calculations and analyzes on this information, and then write the results to different storage sources in real time.
DeltaStream founder and CEO Hojjat Jafarpour told VentureBeat that his company’s platform makes it easy to build real-time streaming applications and pipelines in the familiar structured query language. “The solution is serverless, which means users just have to focus on building their applications and pipelines,” he said. “DeltaStream takes care of running them, with scale-up and scale-down, fault tolerance, and isolation.”
The main benefit is that developers can simply get on with their work, knowing that the resources to power their applications are there. Additionally, the simplicity of SQL makes it easy to manage, secure, and query data in motion. Finally, DeltaStream also organizes data streams into schemas and databases, and provides role-based access control to ensure the privacy of information flowing through them.
DeltaStream’s provision of the compute layer on top of users’ streaming storage systems, the company said in a blog post, eliminates the need for data duplication and does not add unnecessary latency to applications and devices. real-time pipelines.
DeltaStream said its platform is available in private beta on Amazon Web Services starting today. The company will use funds from today’s round to expand its platform functionality and expand to Google Cloud and Microsoft Azure before it becomes generally available.