Confluent commercialized Apache Kafka, the open-source event streaming technology originally built at LinkedIn. Their cloud platform makes it easy for companies to build real-time data pipelines connecting applications, databases, and analytics systems. Confluent went public in 2021 and serves thousands of enterprises using event streaming for fraud detection, real-time analytics, and microservices.
IPO details
IPO date
Thu Jun 24
IPO price
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First-day close
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IPO valuation
$15.4B
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