The meteoric rise of the SnowFlake data platform that brings together the different personas and applications consuming enterprise operations data with the respective data sources in a fully managed manner. As data accessibility, data governance and security, and data platform scalability are all part of the foundation required to benefit from the promise of machine learning and artificial intelligence platforms, Snowflake’s $479M series G round mad a ton of sense.
Cohesity shows that backup and recovery are only boring topics as long as enterprises do not need to worry about the cost and compliance implications of spreading around their data goodness across data center, public clouds, and edge. The Cohesity story is brilliantly simple and fully focused on offering a turnkey data management and operations backbone that protects the enterprise from operational risk introduced by modern distributed application architecture.
Confluent offers the open source Apache Kafka event streaming platform as a managed service, hosted on AWS, Azure, or Google Cloud. This includes self service provisioning and scaling of clusters, automatic upgrades, real time data processing and analytics, and continuous compliance at a very low entrance threshold (free Basic version available). As event streaming constitutes the backbone and key bottleneck for most event-driven cloud native applications, the $250 round of investment into Confluent is little surprising.