INSUBCONTINENT EXCLUSIVE:
Crate.io, the winner of our Disrupt Europe 2014 Startup Battlefield competition, today announced that it has raised an $11 million Series A
Invest Equity, with participation from Chalfen Ventures, Momenta Partners and Charlie Songhurst
Existing investors, including Draper Espirit, Vito Ventures and Docker founder Solomon Hykes also participated.Crate co-founder and CEO
Christian Lutz told me that over the course of the last year or so, the company has seen a large increase in paying customers, which now
That has also allowed Crate to grow its revenue beyond $1 million in annual run rate
The fact that Crate now also has a number of well-known reference customers, including the likes of Skyhigh Networks and ALPLA, a packaging
States market (as well as a bunch of other bottles that you probably have at home).Unsurprisingly, the company, which now has over 30
employees, plans to use the new funding to expand its marketing and sales efforts, as well as to expand its core engineering team.Talking
part of the 2017 class of the Microsoft Growth Accelerator in Berlin
The focus of the new platform is to provide businesses with a single solution for ingesting large amounts of data from IoT devices
The platform supports real-time analytics and allows users to set up their own rules to trigger workflows and alerts as necessary
The platform itself handles all of the scaling (which is handled by the popular Kubernetes container orchestration tool), as well as backup,
archiving and the usual role-based security functions.Crate also today launched version 3.0 of its open source offering
