RudderStack raises $5M seed round for its open-source Segment rival

RudderStack raises $5M seed round for its open-source Segment rival

RudderStack, a start-up that offers an open-source option to consumer information management platforms like Segment, today announced that it has raised a $5 million seed round led by S28 Capital. Salil Deshpande of Uncorrelated Ventures and Mesosphere/D2iQ co-founder Florian Leibert (through 468 Capital) also participated in this round. In addition, the company likewise today announced […] “That works well if you are a little startup, however bigger business have a lot of other information sources– at 8 × 8 we had our own internal billing system, for example– and you desire to integrate this internal information with the occasion stream data– that you collect by means of RudderStack or rivals– to create a 360-degree view of the client and act on that.”With Blendo, I had the opportunity to be part of a fantastic group that carried out on the vision of turning any business into a data-driven company,” stated Blendo creator Kostas Pardalis, who has signed up with RudderStack as head of Growth. “We have actually integrated the skilled Blendo and RudderStack teams together with the innovation that both companies have developed, at a time when the consumer information market is ripe for the next wave of development. Mitra informs me that RudderStack acquired Blendo instead of building its own variation of this technology since “it is not an unimportant technology to build– cloud sources are actually made complex and have weird schemas and API challenges and it would have taken us a lot of time to figure it out. …