About Striim
Striim is a company based in Palo Alto (United States) founded in 2012 by Steve Wilkes and Alok Pareek.. Striim has raised $91.36 million across 3 funding rounds from investors including Summit Partners, Atlantic Bridge and Dell Technologies Capital. The company has 113 employees as of April 06, 2024. Striim offers products and services including Striim Cloud, Striim Platform, Striim for BigQuery, Striim for Databricks, and Striim for Snowflake. Striim operates in a competitive market with competitors including DataStax, Imply, Confluent, Incorta and StreamSets, among others.
- Headquarter Palo Alto, United States
- Employees 113 as on 06 Apr, 2024
- Founders Steve Wilkes, Alok Pareek
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Striim Engineering Services India Private Limited
- Date of Incorporation 13 Dec, 2017
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$7.71 M (USD)96.23as on Mar 31, 2023
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Net Profit
$1.09 M (USD)99.48as on Mar 31, 2023
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EBITDA
$1.58 M (USD)99.69as on Mar 31, 2023
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Total Equity Funding
$91.36 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Series C
Mar 31, 2021
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Investors
Summit Partners
& 7 more
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Employee Count
113
as on Apr 06, 2024
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Products & Services of Striim
Striim offers a comprehensive portfolio of products and services, including Striim Cloud, Striim Platform, Striim for BigQuery, Striim for Databricks, and Striim for Snowflake. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fully managed solution for scalable data integration and streaming.
On-premise or cloud-based tool for real-time data processing.
Specific integration for Google Cloud data analytics.
Integration for big data processing and machine learning.
Solution for real-time data handling in cloud warehouses.
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Funding Insights of Striim
Striim has successfully raised a total of $91.36M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $50.0M
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First Round
First Round
(08 Jul 2013)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series C - Striim | Valuation | Goldman Sachs Investment Partners | |
| Mar, 2016 | Amount | Series B - Striim | Valuation | Atlantic Bridge , Intel Capital | |
| Jul, 2013 | Amount | Series B - Striim | Valuation | Summit Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Striim
Striim has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Summit Partners, Atlantic Bridge and Dell Technologies Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Atlantic Bridge is focused on growth equity investments in technology.
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Founded Year | Domain | Location | |
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Venture capital fund investing in multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Striim
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Striim
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Striim Comparisons
Competitors of Striim
Striim operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DataStax, Imply, Confluent, Incorta and StreamSets, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud based database platform for enterprises
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| domain | founded_year | HQ Location |
An open source platform for exploratory analytics is provided.
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| domain | founded_year | HQ Location |
Cloud based data streaming analytics and governance platform
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| domain | founded_year | HQ Location |
AI-based business intelligence platform is provided for real-time data analytics.
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| domain | founded_year | HQ Location |
Data streams are managed via flow design and performance monitoring.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Striim
Frequently Asked Questions about Striim
When was Striim founded?
Striim was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Striim located?
Striim is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Striim a funded company?
Striim is a funded company, having raised a total of $91.36M across 3 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on Jul 08, 2013.
How many employees does Striim have?
As of Apr 06, 2024, the latest employee count at Striim is 113.
What is the annual revenue of Striim?
Annual revenue of Striim is $7.71M as on Mar 31, 2023.
What does Striim do?
Founded in 2012 and based in Palo Alto, United States, Striim operates in the streaming data sector. Continuous processing and analytics are supported via an end-to-end platform. Visual tools for pipeline design and distributed deployment management are included for application creation and monitoring. Interactive dashboards enable data exploration with push-based SQL queries on streaming data. Proprietary technology underpins the system, serving clients such as FUJITSU and SKT.
Who are the top competitors of Striim?
What products or services does Striim offer?
Striim offers Striim Cloud, Striim Platform, Striim for BigQuery, Striim for Databricks, and Striim for Snowflake.
Who are Striim's investors?
Striim has 8 investors. Key investors include Summit Partners, Atlantic Bridge, Dell Technologies Capital, Solasta Ventures, and Goldman Sachs Investment Partners.
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