Kurrent, the event-native data platform innovator, is announcing $12 million in funding, accompanied by two other major company milestones: a rebrand from its previous moniker, Event Store, and the launch of Kurrent Enterprise Edition.
Propelled by its mission to transform every digital interaction into context-rich insights, Kurrent’s latest funding round—which was led by Crane Venture Partners, with participation from Creandum—will accelerate the company’s engineering and go-to-market efforts.
Kurrent’s focus on context aims to transform the traditional database, expanding beyond the “what” of data into the “when,” “how,” and “why,” according to the company. Deeming context as crucial for the future of data, Kurrent’s event-native platform serves to arm downstream use cases with the highest possible fidelity to a business’ unique fingerprint.
“Your data should reflect your business model, not the other way around. Kurrent extends enterprise investments in databases and streaming engines like Kafka by enabling businesses to integrate, analyze, and respond to real-time events with historical context. It provides a supercharged foundation for decision-making,” said Kirk Dunn, CEO at Kurrent. “Our event-native data platform is purpose-built for today’s advanced analytics, AI/ML, and real-time business needs. By guaranteeing data provenance and providing high-fidelity context in fine-grained streams, organizations can make fully informed decisions with their data that directly impact the future of their business.”
The official launch of Kurrent Enterprise Edition streamlines the way enterprises deploy, secure, and manage their event-native environments at enterprise scale, according to the company. This iteration of Kurrent’s solution is purpose-built to address enterprise SLAs for availability, security, and compliance. Some features of Kurrent Enterprise Edition include:
- Single binary for streamlined deployment, platform management, and upgrading that combines enterprise and open source features into a single package, accessed via license key
- Enterprise connectors for Kafka, MongoDB, and RabbitMQ, as well as free connectors for HTTP Sink and Logger Sink
- Automated scavenge capability across nodes where the system handles configuration, and scheduling, preventing simultaneous node scavenging and improving cluster performance
- Policy-based stream authorization that replaces ACLs with category-wide policies, enabling immediate policy updates and simplified data segregation
- Encryption at rest for additional protection against unauthorized access
Kurrent is beneficial for a variety of use cases, including enhanced Kafka, improved application development, and enriching AI and machine learning (ML).
“AI models, like analytics systems, are challenged with losing resolution on their data as it is moved, transformed, updated, and reused in an effort to gain insight on the business,” said Dunn. “The highest resolution data is source data. This is at the heart of the Kurrent data platform. No matter how many touches downstream systems have on the data, the business can always find its way to the original, native source of truth in the Kurrent platform.”
To learn more about Kurrent, please visit https://www.kurrent.io/.