Cloud Computing startup Aiven secures $9 million funding

Aiven, a cloud computing startup that provides a managed cloud database and messaging services, recently raised €8 million ($89,56,000) in a Series A funding round led by Early bird Venture Capital. Lifeline Ventures and Nokia chairman Risto Siilasmaa were the other participants in the financing round.

The Finland-based startup stated the new investment will be used to enhance Aiven’s cloud data platform with more integrated solutions and expand its business reach globally. Apart from funding, Aiven added Hendrik Brandis, the partner and co-founder of Early bird, into its board of directors.

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Established in 2016 by security professionals Hannu Valtonen, Heikki Nousiainen, Mika Eloranta, and Oskari Saarenmaa, Aiven is a SaaS-based ISO 27001 certified provider of cloud data platform, operating managed open-source database, event streaming, cache, search, and graphing solutions. The company claims that all its services cover all the needs of internet applications.

Speaking on the new investment, Oskari Saarenmaa, the co-founder and CEO at Aiven, stated, “We see a tremendous number of companies around the world now implementing their new real-time data platforms in the cloud. The new funding will allow us to better cater to their requirements.



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