Kurrent, an event-native data platform innovator, announced $12 million in funding, its rebranding from Event Store, and the official launch of Kurrent Enterprise Edition (now commercially available).
To transform every digital interaction into context-rich insights, Kurrent is pioneering a foundational extension to the modern data stack by unifying databases and streaming. Crane Venture Partners led the new investment, with Creandum participating. The funding will accelerate the company's engineering and go-to-market efforts as it scales to meet growing demand.
Where traditional databases have stored the what or state of the business for decades, Kurrent expands on this by adding the context -- the when, how, and why -- offering new capabilities necessary for the future of data. Kurrent enables enterprises to easily capture and communicate everything that happens in the business in the highest possible fidelity to many downstream use cases, including data analytics, application development, AI systems, and LLM training.
Through Kurrent Enterprise Edition, it is now easier than ever for organizations to deploy, secure, and manage their event-native environments at enterprise scale. Created to address rigorous enterprise SLAs for high availability, security, and compliance, key features of the new Kurrent enterprise product include a single binary for streamlined deployment, enterprise connectors for improved integration with popular systems commonly in the tech stack, automated scavenging for simplified maintenance, policy-based stream authorization for enhanced security and encryption at rest for strong data protection.
KEY QUOTES:
"Kurrent delivers context-rich data events, giving businesses the complete picture they need to understand and act on their opportunities. By seamlessly unifying streaming software and traditional databases, Kurrent's event-native approach fills a critical gap in the modern data stack, solving a pervasive problem and positioning the company at the forefront of the enterprise AI revolution."
- Krishna Visvanathan, co-founder and partner at Crane Venture Partners
"Your data should reflect your business model, not the other way around. Kurrent extends enterprise investments in databases and streaming engines like Kafka by enabling businesses to integrate, analyze and respond to real-time events with historical context. It provides a supercharged foundation for decision-making. Our event-native data platform is purpose-built for today's advanced analytics, AI/ML and real-time business needs. By guaranteeing data provenance and providing high-fidelity context in fine-grained streams, organizations can make fully informed decisions with their data that directly impact the future of their business."
"AI models, like analytics systems, are challenged with losing resolution on their data as it is moved, transformed, updated and reused in an effort to gain insight on the business. The highest resolution data is source data. This is at the heart of the Kurrent data platform. No matter how many touches downstream systems have on the data, the business can always find its way to the original, native source of truth in the Kurrent platform."
- Kirk Dunn, CEO at Kurrent
"We maintain thousands of image recognition-related AI models for our customers, which involves generating very large amounts of data to monitor and refine their accuracies. Over the years, we have had to devise more efficient ways to deal with the data to make our business feasible. Kurrent's event-native technology has enabled us to seamlessly expand our system, and in our experience, this has been the smoothest way to implement it. As a visual intelligence company for retail, when we set out to modernize the methods brands and retail stores use to analyze stock, we needed a robust and future-proof data platform that could scale -- which is exactly what Kurrent provides."
- Kaan Can Fidan, Chief Architect at Vispera
"Kurrent's technology has been transformative in helping us deliver the robust pricing intelligence based on real-time competitive analysis our retail clients need. The platform gives us unprecedented visibility across multiple online and in-store data sources -- from purchase feeds and real-time pricing to sales history and in-store data -- effortlessly capturing every detail of our operations with accuracy. It also enables us to show customers exactly why and when pricing recommendations were made, providing the accountability and traceability that builds trust."
- Leopold O'Donnell, VP Platform Engineering, Chief Software Architect at Wiser
"Traditional event streaming systems capture isolated processes. Kurrent's flexible approach makes it possible to understand what happened in the business by replaying data backwards and forwards in time without limitations and incremental costs - like a DVR for business. The Kurrent event-native data platform bridges the gap between traditional databases and streaming solutions to solve an ongoing challenge in data architecture: maintaining complete historical context while seamlessly handling real-time streams. It eliminates the complexity of aggregating multiple streams and the need for assumptions about what streams will be needed across what time spans for various use cases. By preserving data in its native format with full context, Kurrent enables applications, analytics systems, genAI or ML models, and agentic AI workflows to be easily hydrated with complete, accurate data -- reducing time to value in our hyper real-time economy."