# Striim

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/striim

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.striim.com
- Total disclosed funding: $91M
- Latest round: Series C (Mar 17, 2021)
- Investors on record: 7

## About

Striim, Inc. is a US-based company specializing in real-time data integration and streaming solutions, enabling businesses to unify their data across various platforms and gain immediate insights for informed decision-making.Founded in 2012 and headquartered in Palo Alto, US, Striim, Inc. focuses on delivering real-time data integration and streaming services. Co-founded by Alok Pareek and Steve Wilkes, the company has secured a total of USD 50.00 mn through its Series C funding round on March 17, 2021, led by Goldman Sachs Merchant Banking Division with participation from Atlantic Bridge, Dell Technologies Capital, Robert Bosch Venture Capital, and Summit Partners. The current CEO is Ali Kutay.Striim provides a comprehensive suite of products for real-time data integration and streaming. Its core offering, Striim Cloud, is a fully managed SaaS solution designed for scalable data integration, allowing seamless data flow for immediate insights. The Striim Platform can be deployed on-premise or in self-managed cloud environments, facilitating ingestion, processing, and delivery of real-time data. Key products include Striim for BigQuery, Striim for Databricks, Striim for Microsoft Fabric, and Striim for Snowflake, catering to diverse analytics needs across industries such as retail, healthcare, logistics, and finance, with a significant presence in North America, Europe, and Asia-Pacific.Striim operates on a subscription-based revenue model, offering flexible pricing plans for its services, which include annual and monthly subscriptions to Striim Cloud and its various platform offerings. The company enhances its revenue through partnerships with cloud providers like AWS, Google Cloud, and Microsoft Azure, facilitating direct sales to businesses looking to optimize their data operations. While specific pricing details are proprietary, Striim aims to deliver value through its primary offerings, reducing costs and maintenance overhead while maximizing data accessibility and analytical insights.Following its Series C funding of USD 50.00 mn on March 17, 2021, Striim, Inc. plans to leverage this investment to enhance its cloud integration, edge analysis, and streaming analytics services. The company is focused on expanding into new geographic markets and aims to introduce new products designed to address evolving customer needs in the data integration space. Specific timelines and product launch dates are yet to be disclosed, but the funding will support these initiatives, allowing Striim to strengthen its capabilities and reach new customer segments.

## Funding rounds

- Series C, Mar 17, 2021, $50M — Summit Partners, Atlantic Bridge, Goldman Sachs Asset Management, Robert Bosch Venture Capital, Dell Technologies Capital
- Series B, Apr 10, 2015, $30M — Summit Partners, Intel Capital, Atlantic Bridge, Panorama Point Partners
- Series B, May 22, 2013, $11M — Summit Partners

## Investors

- Summit Partners (https://capitalatlas.ai/funds/summit-partners) — Series B, Series C
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Series B, Series C
- Panorama Point Partners (https://capitalatlas.ai/funds/panorama-point-partners) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C
- Robert Bosch Venture Capital (https://capitalatlas.ai/funds/robert-bosch-venture-capital) — Series C
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series C