# Ververica

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.ververica.com
- Total disclosed funding: $6.2M
- Latest round: Series A (Mar 17, 2016)
- Investors on record: 4

## About

Ververica GmbH specializes in Unified Streaming Data solutions, empowering organizations to process and analyze data in real-time, ultimately enhancing decision-making and operational efficiency across various sectors.Founded in 2014 in Berlin, Germany, Ververica GmbH focuses on delivering streaming data solutions. The company has successfully completed 3 deals, with its most recent transaction being a Trade Sale to Alibaba Group on January 7, 2019, for EUR 90.000 mn. The company was established by Ufuk Celebi, who has an extensive background in technology and data solutions, and is currently led by CEO Alexander Walden.Ververica is primarily known for its Unified Streaming Data Platform, powered by the VERA Engine. This platform facilitates real-time data processing, enabling organizations to connect, process, analyze, and govern their data efficiently. Key functionalities include streaming data movement, real-time stream processing, and support for various data sources and events, which allow users to derive insights and make informed decisions. The platform caters to a diverse client base, including prominent names such as Booking.com and Cash App, addressing use cases like fraud detection and dynamic pricing. Ververica operates in North America and Europe, serving sectors such as finance, travel, and technology.Ververica's revenue model is based on subscription services for its Unified Streaming Data Platform. Clients access advanced features and professional services through a subscription structure. The company also engages in partnerships to deploy and manage streaming applications effectively. Their flagship offerings, particularly the VERA Engine and associated managed services, are designed to provide scalable and flexible streaming data solutions, with pricing plans tailored to accommodate various client needs for self-managed and fully-managed services.In the near future, Ververica plans to enhance its product offerings with new features and capabilities for its Unified Streaming Data Platform. The company aims to expand its presence in North America and Europe by mid-2024, targeting specific sectors that can benefit from advanced streaming data solutions. The recent acquisition by Alibaba Group for EUR 90.000 mn will assist in these expansion efforts, allowing Ververica to leverage Alibaba's resources and expertise to enhance its growth strategy.

## Funding rounds

- Series A, Mar 17, 2016, $6.2M — Intel Capital, TA Ventures, b2venture, Tengelmann Ventures Management
- Seed, Jun 1, 2014 — TA Ventures, b2venture

## Investors

- TA Ventures (https://capitalatlas.ai/funds/ta-ventures) — Seed, Series A
- b2venture (https://capitalatlas.ai/funds/b2venture) — Seed, Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A
- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Series A