New post Thank you for 2021. Expecting a bigger you in 2022 Read More

Now you knowRandom

Immerok Raises $17m In Seed Funding, Launches Real-Time Data Streaming Cloud Service

2 Mins read

Founded in 2022 by David Moravek, Holger Temme, Johannes Moser, Konstantin Knauf, Piotr Nowojski and Timo Walther, Immerok is a leading contributor in building Apache Flink -Apache Flink is a real-time processing framework which can process streaming data. It is an open-source stream processing framework for high-performance, scalable, and accurate real-time applications.

“Immerok is bringing real-time to the mainstream by developing a serverless Apache Flink cloud service that will make it possible for all companies to innovate new real-time customer experiences and business operations, and of course, we will continue to work with the open source community to drive innovation and evangelism of Apache Flink.”

Temme acknowledges that there are other cloud services for Apache Flink, like Amazon Web Services (AWS) Kinesis Data Analytics and Aiven’s fully managed Apache Flink service. (Coincidentally, Temme’s cloud service is hosted by AWS.) But he asserts Immerok makes the unfettered power of Apache Flink APIs available to developers with close to zero operations overhead, letting them run a “full range” of stream processing – use cases including AI and machine learning.

“The most strategic IT initiatives right now include AI and real-time and predictive analytics. Stream processing is a fundamental part of those systems, and until now, organizations have required specialists to build, operate and scale that infrastructure — specialists that are expensive, and scarce,” Temme said. “Immerok Cloud users create and deploy arbitrary applications, which continuously process data … Many of the companies we’ve worked with relying on [the service] to process the data that drives real-time AI systems in e-commerce, security, financial services, entertainment and other industries.”

Immeroks Seed Funding
Immerok announced that it has raised $17 million in a seed funding tranche led by CUSP Capital, 468 Capital, Cortical Ventures and Essence VC along with participation from angel investors including Stephan Ewen, the co-creator of Apache Flink. Temme, Immerok’s CEO, said that the proceeds will be put toward expanding the company’s team and further developing its cloud product.

“Demand for stream processing applications is thriving. However, the skills required to develop and operate stream processing infrastructure are scarce — most are already employed by the cloud and Internet giants. Immerok solves this challenge by giving companies the power to build and deploy stream processing systems at scale, while also removing the dependence on skilled technicians,” Temme said. “We’re making real-time computing the standard, not a niche; companies will be able to make any data-driven action in real-time.”

Immerok has 20 employees today across the U.S. and EU — 90% of whom are in engineering. As it looks to ramp up service, Temme expects the company to hire 30 additional employees by the end of 2022 across its engineering, community relations and customer success teams.

118 posts

About author
We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
Related posts

Pivo A Nigerian Freight Carrier Digital Bank Raises $2 million In Seed Funding

2 Mins read
SMEs contribute a greater percentage in the business sector and a key players in the overall demand and supply chain. It is…
Now you knowRandom

Sony Acquires Beyond Sports - A 3D Animation Company To Complete Sports Metaverse Experience

1 Mins read
The Metaverse is shifting us from the old ways of social interaction devoid of experience to an immersive mode of social interaction…
Now you knowRandomStartups

SponsorUnited Raises $35M In Investment To Develop A Database Of Brand Sponsorships

2 Mins read
Every business no matter how big or small it may be will require some form of sponsorship to meet greater market demand,…
Get powered up with Techpadi Newsletter

Be the first to know what's happening in the African tech space

Leave a Reply