# Memphis.Dev

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/memphis-dev

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.memphis.dev
- Total disclosed funding: $5.5M
- Latest round: Seed (Jun 28, 2023)
- Investors on record: 2

## About

Founded in 2022 and based in California, US, Strech Technologies Ltd., dba Memphis.Dev is a software platform that engages in the development of artificial intelligence messaging applications. Sveta Gimpelson (CDO), Yaniv Ben Hemo (CEO), Idan Asulin (CTO), and Avraham Neeman (CPO) are the co-founders of the company. In June 2023, Memphis.Dev raised USD 5.5 million in seed funding from Angular Ventures and Boldstart Ventures.

The company provides an event streaming platform, Memphis.dev that empowers developers to build real-time applications. The firm’s platform runs in any Kubernetes or Docker environment, ensuring compatibility and ease of deployment. Memphis.dev also boasts compatibility with the NATS Jetstream API, enabling seamless integration with the NATS Jetstream ecosystem. The company also offers an intelligent and frictionless message broker called Memphis.dev Cloud. Its product is designed to accelerate the development of real-time applications and provides a wide range of features and capabilities.

The message broker offers features like mirroring, replication, storage tiering, and an autonomous dead-letter queue. Additionally, Memphis.dev provides unique schema enforcement capabilities, allowing live schema evolution, transformation, validation, and enforcement for data contracts. It supports protocols such as Protobuf, Avro, JSON, and GraphQL. Memphis.dev also features ready-to-use connectors written by the community and popular vendors like S3, Snowflake, Firebolt, BigQuery, and more.

The organization plans to use the June 2023 funding for further product development.

## Funding rounds

- Seed, Jun 28, 2023, $5.5M — Boldstart Ventures, Angular Ventures

## Investors

- Boldstart Ventures (https://capitalatlas.ai/funds/boldstart-ventures) — Seed
- Angular Ventures (https://capitalatlas.ai/funds/angular-ventures) — Seed