Aiven rises to unicorn with a $ 2 billion valuation
A unicorn is a startup with a value of at least one billion US dollars. (Photo: shutterstock)
The technology company Aiven has received a further investment of 60 million US dollars as part of its Series C financing round. The money is to flow into services for open source projects.
Seven months after Aiven generated $ 100 million in a Series C round, investors increased their committed capital by $ 60 million. Led by the Japanese investor World Innovation Lab and Silicon Valley company IVP, other investors also took part in the financing round. In total, Aiven has raised $ 210 million in growth capital to date. In addition, the company’s valuation is currently over two billion dollars. The company thus rises to become a unicorn.
Aiven offers its customers services for open source projects such as Opensearch or Apache Kafka and wants to provide them with an intact open source data infrastructure in the public cloud.
With the fresh cash blessing, a startup program is to be launched in December to support entrepreneurs and tech startups in their open source projects. According to CEO and co-founder Oskari Saarenmaa, it is an endeavor to make an important contribution to the open source community.
According to CEO Oskari Saarenmaa, the additional financing will also be used to expand the company’s global presence. The technology company, which was founded in Helsinki and currently employs 230 people, currently has locations in Berlin, Boston, Toronto and Sydney. Another location is planned in Singapore in the future.
