The LinkedIn-backed data streaming platform developer, valued at $4.5bn a year ago, is preparing an initial public offering.
Confluent, US-based data streaming software provider that counts social network LinkedIn as an investor, revealed yesterday it has confidentially filed for an initial public offering.
The news comes a year after the company’s most recent funding round, a $250m series E led by investment manager Coatue and backed by Altimeter Capital, Franklin Templeton, Index Ventures and Sequoia Capital, valuing it at $4.5bn.
Confluent has built a cloud-native software platform which enables businesses to stream data from multiple sources across…
