$1 Million in Seed Funding
On April 7, 2016 the Berlin-based DeepstreamHub, a platform for building real time apps, has closed a $1 million seed round from Blue Yard Capital to further develop its cloud platform for app developers. This marks the first investment for Berlin’s Blue Yard Capital, a new VC fund launched in January that raised $120 million to invest in early stage startups. Wolfram Hempel and Yasser Fadl, the founders of DeepstreamHub which was launched a year, said the startup wants to be the platform of choice for developing real time apps in areas like social messaging, geolocation services, or the Internet of Things. Its real time backend as a service, based on the open source server deepstream.io, allows developers to integrate data with sites and services like Slack, GitHub, payment providers or IoT endpoints.
DeepstreamHub offers realtime application developers a scalable cloud of deepstream nodes as-a-service. Additionally, users can easily add realtime data-feeds from a wealth of popular sources to their app, simply by adding them as a “channel” via the dashboard.
You can find more information the Venture Beat website.