Get the latest tech news
Upstash’s serverless data platform hits ARR of $1M just two years after seed funding
Just two years after receiving its $1.9M seed round, Upstash has cross $1M in annual recurring revenue for its serverless data platform.
Upstash announced a$1.9 million seed round almost exactly two years ago, and an idea for building a serverless data platform for data-intensive applications built with Redis and Kafka. What’s changed in those two short years since the company launched is the growth of generative AI, which as you may have noticed is a pretty data-intensive application. That kind of traction tends to attract attention, and Akar says Andreesen Horowitz actually approached him about funding, not a story you hear much these days in times of tightening purse strings from investors.
Or read this on TechCrunch
