Tech Company Financing Transactions

Memphis.dev Funding Round

Memphis.dev, based in Tel Aviv, secured $5.5 million from Angular Ventures, Boldstart Ventures and private investors.

Transaction Overview

Company Name
Announced On
6/29/2023
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Seed
Investors

Angular Ventures (Lead Investor)

Boldstart Ventures (Lead Investor)

private investors (David Mytton)

private investors (Fred Simon)

private investors (Guy Podjarny)

private investors (Jim Rose)

private investors (Martin Brodbeck)

Proceeds Purpose
The company is focused on product evolution with a roadmap including support for GitOps, automation enablement, and reconstructing select APIs so they can be modular and open, enabling the community to self-implement new ones as they are developed. Additional focus areas include multi-tenancy, partitions, and read-replicas.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Ha Rakevet 58
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Email Address
Overview
Memphis is a next-generation alternative to traditional message brokers. A simple, robust, and durable cloud-native message broker wrapped with an entire ecosystem that enables cost-effective, fast, and reliable development of modern queue-based use cases. Memphis enables the building of modern queue-based applications that require large volumes of streamed and enriched data, modern protocols, zero ops, rapid development, extreme cost reduction, and a significantly lower amount of dev time for data-oriented developers and data engineers.
Profile
Memphis.dev LinkedIn Company Profile
Social Media
Memphis.dev Company Twitter Account
Company News
Memphis.dev News
Facebook
Memphis.dev on Facebook
YouTube
Memphis.dev on YouTube

Management Team

Title
Name
Email & Social
Chief Technical Officer
Martin Brodbeck
  Martin Brodbeck LinkedIn Profile  Martin Brodbeck Twitter Account  Martin Brodbeck News  Martin Brodbeck on Facebook


 

 

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