RudderStack raises $5M seed round for its open-source Segment competitor

RudderStack raises $5M seed round for its open-source Segment competitor]RudderStack, a startup that offers an open-source alternative to customer data management platforms like Segment, today announced that it has raised a $5 million seed round led by S28 Capital. Salil Deshpande of]Uncorrelated Ventures and Mesosphere/D2iQ co-founder Florian Leibert (through 468 Capital) also participated in this round.
In addition, the company also today announced that it has acquired]Blendo, an integration platform that helps businesses transform and move data from their data sources to databases.
Like its larger competitors,]RudderStack helps businesses consolidate all of their customer data, which is now typically generated and managed in multiple places – and then extract value from this more holistic view. The company was founded by Soumyadeb Mitra, who has a Ph.D. in database systems and worked on similar problems previously when he was at https://www.8×]8×8 after his previous startup, MairinaIQ, https://investors.8××8-Acquires-MarianaIQ-to-Strengthen-AI-Capabilities-for-Enterprise-Communications/default.aspx]was acquired by that company.]

"use strict"; var adace_load_600a4f443b0e2 = function(){ var viewport = $(window).width(); var tabletStart = 601; var landscapeStart = 801; var tabletEnd = 961; var content = ''; var unpack = true; if(viewport=tabletStart && viewport=landscapeStart && viewport=tabletStart && viewport=tabletEnd){ if ($wrapper.hasClass('.adace-hide-on-desktop')){ $wrapper.remove(); } } if(unpack) { $self.replaceWith(decodeURIComponent(content)); } } if($wrapper.css('visibility') === 'visible' ) { adace_load_600a4f443b0e2(); } else { //fire when visible. var refreshIntervalId = setInterval(function(){ if($wrapper.css('visibility') === 'visible' ) { adace_load_600a4f443b0e2(); clearInterval(refreshIntervalId); } }, 999); }