Event-native data platform innovator Kurrent announced $12 million in funding, its rebrand from Event Store and the official launch of Kurrent Enterprise Edition, now commercially available.
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With a vision to transform every digital interaction into context-rich insights, Kurrent is pioneering a foundational extension to the modern data stack by unifying databases and streaming. The new investment, led by Crane Venture Partners with participation from Creandum, will accelerate the company’s engineering and go-to-market efforts as it scales to meet growing demand.
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“Kurrent delivers context-rich data events, giving businesses the complete picture they need to understand and act on their opportunities. By seamlessly unifying streaming software and traditional databases, Kurrent’s event-native approach fills a critical gap in the modern data stack, solving a pervasive problem and positioning the company at the forefront of the enterprise AI revolution,” said Krishna Visvanathan, co-founder and partner at Crane Venture Partners.
Where traditional databases have for decades stored the “what,” or state of the business, Kurrent expands on this by adding the context — which is the “when,” “how” and “why” — providing new capabilities that are necessary for the future of data. Kurrent makes it possible for enterprises to easily capture and communicate everything that happens in the business in the highest possible fidelity to a multitude of downstream use cases, including data analytics, application development, AI systems and LLM training.
“Your data should reflect your business model, not the other way around. Kurrent extends enterprise investments in databases and streaming engines like Kafka by enabling businesses to integrate, analyze and respond to real-time events with historical context. It provides a supercharged foundation for decision-making,” said Kirk Dunn, CEO at Kurrent. “Our event-native data platform is purpose-built for today’s advanced analytics, AI/ML and real-time business needs. By guaranteeing data provenance and providing high-fidelity context in fine-grained streams, organizations can make fully informed decisions with their data that directly impact the future of their business.”
“AI models, like analytics systems, are challenged with losing resolution on their data as it is moved, transformed, updated and reused in an effort to gain insight on the business,” said Dunn. “The highest resolution data is source data. This is at the heart of the Kurrent data platform. No matter how many touches downstream systems have on the data, the business can always find its way to the original, native source of truth in the Kurrent platform.”
About Kurrent
Kurrent provides an event-native data platform that feeds real-time, business-critical data with historical context in fine-grained streams from origination to destination, enhancing data analytics and AI outcomes. Kurrent is available on AWS, Microsoft Azure and Google Cloud Platform and as an on-premises solution. Kurrent’s event-native technology is deployed in finance, tech, oil and gas, manufacturing, retail, healthcare, automotive, government and many other high stakes use cases globally.
