Company Research Report: Streamkap



Company Overview



Name:


Streamkap

Mission:


To make real-time data easy, accessible, and low cost for businesses.

Founded and Founders:


Streamkap was co-founded in June 2022 by Paul Dudley and Ricky Thomas.

Key People:


  • Paul Dudley - Co-Founder and CEO

  • Ricky Thomas - Co-Founder


Headquarters:


548 Market St, PMB 49709, San Francisco, CA 94104, US

Number of Employees:


2-10 employees

What is the Company Known For:


Streamkap is known for its modern streaming ETL platform built on Apache Kafka and Flink, which facilitates real-time data movement and processing with sub-second latency.

Products



Core Product: Streamkap Platform



High-Level Description:


Streamkap offers a modern streaming data platform that enables businesses to switch from slow batch processing to real-time data streaming. The platform is built on Apache Kafka and Flink and focuses on ease of use, zero maintenance, and cost efficiency.

Key Features:


1. Change Data Capture (CDC):
  • Streams all changes from databases with minimal source impact and sub-second latency.

2. Pre-Built Connectors:
  • Supports a broad range of databases and event sources including MySQL, PostgreSQL, MongoDB, SQL Server, and more.

3. Real-Time Transformations:
  • Capability to transform data in real-time before it reaches the destination (e.g., hashing, aggregating, masking, joins, and JSON splitting).

4. Automated Scaling and Maintenance:
  • Automatically scales and maintains infrastructure, ensuring minimal end-user intervention.

5. Monitoring and Alerting:
  • Provides comprehensive monitoring and alerting features to ensure pipeline health.

6. Data Security:
  • SOC 2 Type 2 certified, GDPR/CCPA compliant, offering SSL, SSH tunnels, SSO, and audit trail functionalities.


Recent Developments



Recent Developments in the Company:



1. August 2, 2024:
  • Case Study: Streamkap helped Niche.com reduce data latency from 24 hours to near real-time, significantly improving their data infrastructure and cost-efficiency.


2. August 1, 2024:
  • New Funding: Streamkap announced raising $3.3 million in seed and pre-seed funding from investors including InReach Ventures, TEN13, Haatch, and Begin Capital.


3. July 29, 2024:
  • Technology Update: Comparison of Streamkap as a cost-efficient real-time alternative to Fivetran, highlighting an 8x cost reduction and sub-second data streaming capabilities.


4. Product Enhancements:
  • DynamoDB CDC Support: Recently launched support for DynamoDB change data capture.

  • Real-Time Personalization: Partnered with BrandAlley to provide real-time data feeds for enhanced personalization algorithms.


New Products Launched:


There is no specific mention of new products launched besides enhancements to the existing platform capabilities (e.g., DynamoDB CDC Support).

New Features Added to Existing Products:


1. Multiple Versions for Differential Management:
  • Deploy multiple versions of Streamkap service for production and development environments.

2. API and Terraform Integration:
  • Programmatically manage Streamkap deployment using API or Terraform provider.


New Partnerships:


  • BrandAlley: To power real-time personalization and significantly increase conversion rates.


Financial Information



Revenue:


No information is available.

Additional Notes:



The Modern Streaming Data Platform:


  • Sources and Destinations:

  • Supports a wide range of sources (e.g., PostgreSQL, MySQL, MongoDB) and destinations (e.g., Snowflake, BigQuery, Databricks).

  • Flexible Deployment Options:

  • Includes the option for BYOC (Bring Your Own Cloud) to ensure data does not leave the customer’s environment.

  • Schema Drift Handling:

  • Automatically manages schema changes without slowing down data pipelines.


Testimonials



Marcin Migda (Staff Data Engineer):


"Streamkap was 4x faster and had 3x lower total cost of ownership than our previous solution."

Kohei Hasegawa (CTO):


"The migration to Streamkap has resulted in clear and predictable billing, reducing unexpected costs. Success metrics include a 54% reduction in data-related costs."

Vikram Chauhan (Head of Data Engineering at Niche.com):


"With Streamkap, we went from waiting 24 hours for data refreshes to having it available in near real-time, which has transformed our ability to make data-driven decisions quickly."




This market research report aims to provide a comprehensive overview of Streamkap based on the available data. If any field had no information available, it was explicitly stated in the relevant section.