Confluent (company)

Confluent, Inc. is an American technology company headquartered in Mountain View, California.[1] Confluent was founded by Jay Kreps, Jun Rao and Neha Narkhede on September 23, 2014, in order to commercialize an open-source streaming platform Apache Kafka, created by the same founders while working at LinkedIn in 2008 as a B2B infrastructure company.[2][3] Confluent's best-known software products are the Confluent Cloud, Confluent Platform, Connectors, Apache Flink, Stream Governance and Confluent Hub.[4]

Confluent Inc.
Company typePublic
ISINUS20717M1036
IndustryInformation technology
FoundedSeptember 23, 2014 (2014-09-23) in Silicon Valley, U.S.
Founders
Headquarters899 West Evelyn Ave.,
Mountain View, California
,
U.S.
Area served
Worldwide
Key people
  • Jay Kreps (Co-founder & CEO)
  • Jun Rao (Co-founder of Confluent and original co-creator of Apache Kafka®
  • Erica Ruliffson Schultz (President of Field Operations)
Products
Services
  • Confluent Cloud
  • Confluent Platform
Revenue US$$0.777 billion (2023)
US$−0.443 billion (2023)
Number of employees
2,744 (2023)
Websiteconfluent.io

Confluent was ranked sixth in the 2020 Forbes Cloud 100.[5]

History

2014: Founding

Confluent was founded by Jay Kreps, Jun Rao and Neha Narkhede on September 23, 2014, in order to commercialize an open-source Apache Kafka, created by the same founders while working at LinkedIn in 2008 as a B2B infrastructure company.[2][3]

2021–present

Corporation has filed for an IPO on June 1, 2021, with evaluation of $4.5 billion.[6]

On April 8, 2024, Confluent was selected to be a Google Cloud Partner of the Year and it has occurred for a fifth time.[7]

Leadership
Board of directors

The company is run by a board of directors made up of mostly company outsiders, as is customary for publicly traded companies. Members of the board of directors as of June 2024 are Jay Kreps, Neha Narkhede, Matt Miller, Mike Volpi, Eric Vishria, Jonathan Chadwick, Greg Schott, Lara Caimi, Alyssa Henry.[8]

Chief executives

Jay Kreps (2014–present).[9]

Ownership

Confluent stock's ownership consists of the following: 72.93% is owned by Institutional Investors, 10.27% by Insiders and 16.80% by Public Companies and Individual Investors.[10]

References
  1. "Contact Us". Confluent.
  2. "Confluent, the foundational platform for data-in-motion". Battery. June 24, 2021.
  3. "Neha Narkhede changing the face of superstar developers (she co-created Apache Kafka and Confluent!)". www.linkedin.com. Retrieved June 11, 2024.
  4. "Home Page". Confluent.
  5. "Confluent's Ranking Leaped from Tenth to Sixth in the 2020 Forbes Cloud 100". Confluent.
  6. "Confluent's IPO brings a high-growth, high-burn SaaS model to the public markets". Tech Crunch. June 2, 2021. Retrieved June 11, 2024.
  7. "Confluent named a Google Cloud Partner of the Year for the Fifth Time". Confluent.
  8. "Set Data in Motion". Confluent. Retrieved June 11, 2024.
  9. "Announcing Confluent, a Company for Apache Kafka® and Realtime Data". Confluent.
  10. "Confluent (CFLT) Ownership - Who Owns Confluent?". Tipranks.
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