Confluent, Inc.
TypePublic company
IndustryTechnology
Founded2014 (2014) in Palo Alto
Founders
Headquarters
Mountain View, California, U.S.
Area served
Worldwide
Key people
Jay Kreps
RevenueIncrease US$585.94 Million (2022)
Decrease US$−452.55M million (2022)
Number of employees
c. 2,761 (2022)
Websiteconfluent.io

Confluent, Inc. is an American technology company co-founded by Jay Kreps, Neha Narkhede, and Jun Rao,[1][2][3] the creators of Apache Kafka, an open-source streaming platform.[4] Confluent provides a commercial platform for managing real-time data streams, for event-driven architectures.[5][6] The company filed for an IPO on June 1, 2021, and was valued at $4.5 billion.[7] Clients include Goldman Sachs, Netflix and Uber.[8]

History

Confluent Inc. went public with its initial public offering (IPO) on June 24, 2021.[9][10] Its common stock began trading on Nasdaq under the ticker symbol Nasdaq: CFLT.[11][12][13]

The company raised $125 million in 2019, bringing its total funding to $206 million in 2019.[14] In April 2020 the company raised $250 million, bringing its total funding to $456 million.[15]

  1. ↑ Liu, Phoebe. "Exclusive: Confluent Cofounder Neha Narkhede's New Fraud Detecting Firm Oscilar Emerges From Stealth". Forbes. Retrieved 2023-07-28.
  2. ↑ "Hurun Rich List: Indian-American Neha Narkhede, with roots in Pune, is youngest self-made woman entrepreneur". Moneycontrol. 2022-09-22. Retrieved 2023-07-28.
  3. ↑ "Meet The Girl, Who Break The Barrier & Became India's Youngest Self-Made Woman Entrepreneur". IndiaTimes. 2022-09-24. Retrieved 2023-07-28.
  4. ↑ "How Confluent is maintaining its edge in event streaming | Computer Weekly". ComputerWeekly.com. Retrieved 2023-07-28.
  5. ↑ "How to make the most of Apache Kafka and Confluent Cloud – three customer perspectives". diginomica.com. 2023-05-24. Retrieved 2023-07-28.
  6. ↑ "New Confluent Features Make It Easier and Faster to Connect, Process, and Share Trusted Data, Everywhere". www.businesswire.com. 2023-05-16. Retrieved 2023-07-28.
  7. ↑ Novet, Jordan. "LinkedIn spinout Confluent files for IPO, with annualized revenue of over $300 million". CNBC. Retrieved 2022-09-26.
  8. ↑ "Neha Narkhede | Innovators Under 35". www.innovatorsunder35.com. Retrieved 2022-09-26.
  9. ↑ Louko, Jamie (2022-08-23). "1 Year After Its IPO, Confluent Stock is Working to Prove the Bears Wrong". The Motley Fool. Retrieved 2023-07-28.
  10. ↑ Levy, Ari (2021-06-24). "Confluent climbs 25% in Nasdaq debut after cloud software developer raises over $800 million in IPO". CNBC. Retrieved 2023-07-28.
  11. ↑ Miller, Alex Wilhelm and Ron (2021-06-02). "Confluent's IPO brings a high-growth, high-burn SaaS model to the public markets". TechCrunch. Retrieved 2023-07-28.
  12. ↑ "CFLT | Confluent Inc. Annual Income Statement". MarketWatch. 2023-07-28. Retrieved 2023-07-28.
  13. ↑ "Benchmark-backed Confluent aims for $8 billion valuation in U.S. IPO". Reuters. 2021-06-16. Retrieved 2023-07-28.
  14. ↑ "Neha Narkhede". www.gtalumni.org. Retrieved 2022-09-26.
  15. ↑ "Neha Narkhede". Forbes. Retrieved 2022-09-26.
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