Eventador, a data streaming service based in Austin, has raised $2.5 million in seed funding to boost sales and expand its research and development.
Austin's LiveOak Venture Partners led the round. Deep Space Ventures, RSH Ventures and Capital Factory also joined the round along with existing investor Keshif Ventures.
The new money brings Eventador's total funding, which includes an earlier round of angel investment, to $3.8 million.
Eventador, built on Apache Kafka and Apache Flink, helps companies manage streaming data and create and deploy data applications for IoT, manufacturing, cybersecurity and other operations that require real-time data flow.
The startup was founded in 2016 by Kenny Gorman and Erik Beebe. They were both part of the founding team at ObjectRocket, a data startup that was formed in Boston but moved to Austin after being acquired by San Antonio-based Rackspace in 2013.
“As the modern enterprise increasingly depends on real-time data, streaming architectures are replacing traditional database systems as the defacto-standard," LiveOak Venture Partner Venu Shamapant said in a news release. "Eventador uniquely addresses this data evolution."
As part of the new funding deal, Shamapant will join Eventador's board of directors.
