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Conduktor looks to gatekeep ‘bad data’ out of company’s apps
Conduktor, a startup building streaming data management tools, has raised $30 million in a new funding round.
The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. Conduktor has competition in the space (like Immerok), but the startup has grown at a rapid clip, tripling its annual recurring revenue in the past year. The fresh cash, which brings the New York-based company’s total capital raised to $52 million, will be put toward general expansion and product development, Orban said.
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