With $17M in funding, Immerok launches cloud service for real-time streaming data • TechCrunch

In 2011, Apache Software Foundation released Flink, a high-throughput, low-latency engine for streaming various types of data. A decade later, a startup called Immerok – founded by David Moravek, Holger Temme, Johannes Moser, Konstantin Knauf, Piotr Nowojski and Timo Walther – developed an Apache Flink cloud service called Immerok Cloud, which is serverless – removing server management tasks needed to process data in streaming.

After working with “a few dozen” companies over the past few months and on the eve of launching an early access program, Immerok today announced that it has raised $17 million in a seed funding round. led by CUSP Capital, 468 Capital, Cortical Ventures and Essence VC with participation from angel investors including Apache Flink co-creator Stephan Ewen. Temme, CEO of Immerok, said the product will be used to expand the company’s team and further develop its cloud product.

“Immerok brings real-time to the masses by developing a serverless Apache Blink cloud service that will enable all businesses to innovate new customer experiences and business operations in real time,” Temme told TechCrunch in an email interview. “And of course, we will continue to work with the open source community to drive Apache innovation and evangelism. Blink.”

Temme acknowledges that there are other cloud services for Apache Flink, such as Kinesis Data Analytics from Amazon Web Services (AWS) and Aiven’s fully managed Apache Flink service. (Coincidentally, Temme’s own cloud service is hosted by AWS.) But he says Immerok makes the unlimited power of the Apache Flink APIs available to developers with near-zero operation overhead, allowing them to run a “full range” of stream processing use cases, including AI and machine learning.

“The most strategic IT initiatives today include real-time and predictive AI and analytics. Stream processing is a fundamental part of these systems, and until now organizations have needed specialists to build, operate and scale this infrastructure – expensive and scarce specialists,” Temme said. “Immerok Cloud users create and deploy arbitrary applications, which continuously process data… Many companies we have worked with rely on [the service] to process data that drives real-time AI systems in e-commerce, security, financial services, entertainment and other industries.

Immerok now has twenty employees in the US and EU, 90% of whom are in engineering. As it seeks to ramp up service, Temme expects the company to hire 30 additional employees by the end of 2022 across its engineering, community relations and customer success teams.

It could be a ramp up in a down economy. But Temme posits that companies will increasingly turn to real-time, data-driven platforms to create new user experiences and increase the efficiency of their business operations, driving demand for solutions like Immerok.

“The demand for stream processing applications is booming. But the skills required to develop and operate a stream processing infrastructure are few – most are already employed by cloud and internet giants. Immerok solves this challenge by giving enterprises the power to build and deploy large-scale stream processing systems, while removing reliance on skilled technicians,” Temme said. “We’re making real-time computing the norm, not a niche; businesses will be able to take any action based on real-time data. »

Margie D. Carlisle