Striim Funding, Investors & Competitors

Striim has raised $108M across 4 funding rounds, most recently a $50M Series C in March 2021.

Last Striim funding round

$50M

Series C · Mar 2021

Cumulative funding Striim raised

$108M

across 4 funding rounds

Key investors in Striim

  • Dell Technologies Capital
  • Summit Partners
  • Atlantic Bridge
  • Regis McKenna
  • Frank Caufield
  • Intel Capital
  • Bosch Ventures
  • Goldman Sachs Growth Equity

Striim Overview

About Striim

Striim is a Palo Alto-headquartered provider of real-time data integration platforms founded in 2012. The SaaS or self-hosted service captures changes from sources like Oracle databases, Kafka streams, and IoT sensors using log-based CDC, then streams processed data to targets including Snowflake, Google BigQuery, and Azure Synapse with sub-second latency. Enterprises in finance and retail deploy Striim for fraud detection, customer 360 views, and operational analytics, serving clients like Barclays and Comcast.


Founded

2012

HQ

United StatesSan Francisco, CA

Website

striim.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Striim Funding History

Striim has raised a total of $108M across 4 funding rounds.

Striim's first fundraising round was a $11M Series B in July 2013. The most recent completed round was a $50M Series C in March 2021.

Striim funding rounds

Striim funding rounds
DateStageInvestorsRaisedDeal Summary
Mar 2021Series CGoldman Sachs Growth Equity (lead); Bosch Ventures; Atlantic Bridge; Summit Partners; Dell Technologies Capital$50MStriim is a Palo Alto-based real-time data integration platform provider founded in 2012 by CEO Ali Kutay and built on the core team from GoldenGate Software, which was acquired by Oracle in 2009. The company specializes in non-intrusive change data capture technology that collects data from on-premises or cloud enterprise databases and delivers it to virtually any target on-premises or in the cloud with sub-second latency, enabling enterprises to transition data to the cloud as part of their digital transformation. On March 31, 2021, Striim announced a $50 million Series C financing round led by Goldman Sachs Growth Equity, with participation from existing investors Summit Partners, Atlantic Bridge Ventures, Dell Ventures, and Bosch Ventures. Bob Kelly, a former Microsoft executive and operating partner at Goldman Sachs, joined Striim's board of directors as part of the investment. This round brought Striim's total financing to $108.5 million since its founding. The company had over one hundred full-time employees across offices in Palo Alto, California, and Chennai, India at the time of the round. The funding was intended to support accelerating growth in Striim's global customer base, expand go-to-market capabilities to meet demand for cloud data transition solutions, and significantly expand teams and presence in EMEA, APAC, ANZ, and South America. Strategic partnerships with Google and Microsoft were emphasized as part of the expansion strategy. Striim planned to launch multiple new fully managed cloud services products later in 2021 to comprehensively handle cloud data flows with zero administration and high availability across customer segments ranging from small businesses to large enterprises. Goldman Sachs identified the company as a next-generation technology positioned to enable cloud modernization across enterprise sectors. The company declined to disclose its post-money valuation for the Series C round.
Mar 2017Series B-$17MStriim raised $16.5 million in a Series B funding round in March 2017 to further expand market reach and product capabilities. This followed prior Series B rounds, including $11 million in July 2013 led by Summit Partners and $30 million in September 2015 led by Intel Capital. The company provides a real-time data integration and intelligence platform, founded by the core team from GoldenGate Software, acquired by Oracle in 2009. Striim's platform enables enterprises to aggregate and correlate data streams from multiple pipelines, detect anomalies, and trigger alerts in real-time, before data lands on disk. Backed by investors including Intel Capital, Summit Partners, Panorama Point Partners, Frank Caufield, and Regis McKenna, the funding supported aggressive go-to-market strategies and international expansion.
Sep 2015Series BIntel Capital (lead); Frank Caufield; Regis McKenna; Atlantic Bridge; Summit Partners; Dell Technologies Capital; Panorama Point Partners$30MStriim, originally WebAction, Inc., provides the Striim platform for end-to-end streaming data integration and streaming analytics, enabling real-time data processing across sectors like financial services, telco, retail, gaming, and IoT. Founded by the core team from GoldenGate Software (acquired by Oracle in 2009), the company rebranded its offering as Striim in September 2015. The platform supports detecting anomalies, visualizing events, and triggering alerts in real-time. On September 14, 2015, WebAction secured $20 million in a Series B funding round led by Intel Capital, with participation from existing investors Summit Partners, Frank Caufield, Regis McKenna, Panorama Point Partners, and a new strategic investor. This followed an earlier $11 million Series B in July 2013 led by Summit Partners and a $1 million Series A in May 2012. Igor Taber from Intel Capital joined the board post-investment. The funds were allocated to expand the technical depth and market reach of the Striim platform, accelerate sales, build distribution channels, and meet growing demand for streaming data solutions. The company planned a Fall 2015 release of the next software version. Striim's deployments highlighted its traction in enterprise markets, positioning it in the IoT analytics space amid rising Industrial IoT investments in 2015, where Intel Capital was a top active investor.
Jul 2013Series BSummit Partners (lead); Frank Caufield; Regis McKenna; Dell Technologies Capital$11MStriim raised $11 million in its Series B funding round in July 2013, led by Summit Partners, with participation from investors including Dell Technologies Capital, Frank Caufield, and Regis McKenna. The company, originally known as WebAction, develops a real-time data integration and intelligence platform. The funds supported expansion of product offerings and scaling operations.

Who has invested in Striim?

9 investors have backed Striim across its funding rounds, including Dell Technologies Capital, Summit Partners, Atlantic Bridge, Regis McKenna, Frank Caufield and Intel Capital.

Lead investors include Goldman Sachs Growth Equity, Intel Capital and Summit Partners.


Striim Investors

Investors in Striim by funding rounds participated
InvestorHQRoundsRoleFirst check
Summit PartnersUnited StatesBoston, MA3LeadJul 2013
Dell Technologies CapitalUnited StatesSan Francisco, CA3ParticipantJul 2013
Frank CaufieldUnited StatesUnited States2ParticipantJul 2013
Regis McKennaUnited StatesSan Francisco, CA2ParticipantJul 2013
Atlantic BridgeIrelandDublin2ParticipantSep 2015
Bosch VenturesGermanyGermany1ParticipantMar 2021
Goldman Sachs Growth EquityUnited StatesNew York City, NY1LeadMar 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Striim Competitors

Striim competitors include listed companies like Oracle, Snowflake, Datadog and MongoDB, and private ones like Databricks and VAST Data.

Public and private companies comparable to Striim
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OracleUnited StatesUnited StatesPublicly listed$67B$33B$455B7.8x
DatabricksUnited StatesSan Francisco, CAPrivate$7B-$190B27.1x
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$119B21.0x
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$85B19.4x
MongoDBUnited StatesUnited StatesPublicly listed$2.5B($104M)$32B10.4x
VAST DataUnited StatesNew York City, NYPrivate$200M-$30B150.0x

Striim Public Comps

Striim is still privately-owned, but its public comps include Oracle, Palantir, Snowflake, Datadog, MongoDB, Nutanix, Dynatrace, Oracle Corp Japan, CommVault Systems and Xunce Technology.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Oracle$67B$33B8.6x7.8x17.7x13.9x
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x
Nutanix$2.5B$230M7.1x6.2x78.4x23.8x
Dynatrace$2B$276M7.5x7.0x55.0x23.0x
Oracle Corp Japan$1.8B$589M3.9x3.9x12.1x12.2x

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Common questions about Striim

When was Striim founded?Striim was founded in 2012.
Where is Striim headquartered?Striim is headquartered in San Francisco, CA, United States.
Is Striim publicly listed?No, Striim is a private, VC-backed company.
How much funding has Striim raised?Striim has raised $108M across 4 funding rounds.
What was Striim's last funding round?Striim's last funding round was a $50M Series C in March 2021, led by Goldman Sachs Growth Equity.
Who are Striim's investors?Striim's investors include Summit Partners, Dell Technologies Capital, Frank Caufield, Regis McKenna, Atlantic Bridge, Bosch Ventures, Goldman Sachs Growth Equity, Intel Capital and Panorama Point Partners.
Which companies are comparable to Striim?Companies comparable to Striim include Oracle, Databricks, Snowflake, Datadog, MongoDB and VAST Data.

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