• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, June 25, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Microsoft-backed Confluent Inc. secretly files for U.S. IPO

by Chhavideep Singh
April 23, 2021
in Business, Startups, Tech, World
Reading Time: 2 mins read
0
Confluent
TwitterWhatsappLinkedin
Confluent
Source: IMDA

Confluent is a Mountain view-based real-time event streaming start-up that operates on Apache Kafka, enabling companies and businesses to access data in real-time. According to recent reports, it has been confirmed that the company has confidentially filed for an Initial Public offering in the United States.

You might also like

The Surge of AI-Generated Resumes and Its Impact on Hiring

France Orders Tesla to Halt ‘Deceptive’ Practices Over Self-Driving Claims

Ford Hit With Lawsuit Over Allegedly Defective EcoBoost Engines

As mentioned in several reports, this is not surprising as the company now joins hundreds of other technology start-ups that are making their market debut with an Initial Public Offering aiming to capitalise on the booming status of Capital markets. These start-ups are looking to cash in on the opportunity.

Meanwhile, confluent has not officially disclosed the news in public and all the paperwork has been submitted in secrecy and confidentiality. Founded back in the year 2014 by Jun Rao, Jay Kreps and Neha Narkhede, the start-up is baked by Microsoft’s LinkedIn along with other well-known investors in the market including Sequoia Capital, Altimeter Capital, Index Ventures, Coatue, Franklin Templeton Investments and Benchmark.

The last funding raised by Confluent was back in April 2020 worth USD 250 million in a Series E financing round led by Coatue, according to the company profile on Crunchbase.

Confluent offers a streaming platform that is based on Apache Kafka that enables companies and start-ups to seamlessly access data from real-time streams. The technology leveraged by the company is reportedly open-source that functions as fault-tolerant, real-time and a highly scalable messaging system. This system is known to help companies move a larger chunk of data from isolated systems into a real-time data platform so that they can act on it almost instantly.

Coming back to the confidential Initial Public Offer documents, Investing has reported that on Thursday, Confluent did not disclose any other details about its public listing plans on Thursday i.e., 22nd April.

As mentioned in a report by Dealogic, more than USD 150 billion have already been raised by companies through Initial Public Offering as the capital market boom emerged after the onset of the COVID-19 pandemic. A massive surge in newer listings has been noticed since last year as every other company wants to cash in on the opportunity.

According to Crunchbase, the total funding raised by the Confluent amounts to USD 455.9 million that it has raised in over five financing rounds. Sequoia Capital and Index Ventures are the most recent investors of the company.

Stay tuned for more updates about Confluent’s Initial Public Offering.

Tags: ConfluentIPO
Tweet54SendShare15
Previous Post

Coinbase delisting stopped after submitting proper documents

Next Post

Turkish crypto exchange owner flees country with over $2 bn

Chhavideep Singh

Hi! I'm Chhavideep, If you like reading about technology, business and start-ups, you've come to the right place. Catch me: [email protected]

Recommended For You

The Surge of AI-Generated Resumes and Its Impact on Hiring

by Sneha Singh
June 25, 2025
0
The Surge of AI-Generated Resumes and Its Impact on Hiring

Job searching was never simple, but artificial intelligence is changing the game completely. Software such as ChatGPT and Jasper is now assisting job hunters in crafting professional-level resumes...

Read more

France Orders Tesla to Halt ‘Deceptive’ Practices Over Self-Driving Claims

by Samir Gautam
June 25, 2025
0
France Orders Tesla to Halt ‘Deceptive’ Practices Over Self-Driving Claims

In a significant move against one of the world’s most high-profile electric vehicle manufacturers, French anti-fraud authorities have ordered Tesla’s local subsidiary to cease what they call “deceptive...

Read more

Ford Hit With Lawsuit Over Allegedly Defective EcoBoost Engines

by Samir Gautam
June 25, 2025
0
Ford Hit With Lawsuit Over Allegedly Defective EcoBoost Engines

Owners Say Coolant Leaks Can Destroy Engines in Popular Ford and Lincoln Models In recent years, small turbocharged engines have gained considerable popularity, thanks to their impressive fuel...

Read more
Next Post
Turkish crypto exchange owner flees country with over $2 bn

Turkish crypto exchange owner flees country with over $2 bn

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?