Streaming data processing platform RisingWave lands $36M to launch a cloud service

RisingWave Labs, a company developing a platform for data stream processing, today announced that it raised $36 million in a Series A funding round led by Yunqi Partners, undisclosed corporate investors and angel investors. Bringing RisingWave’s total raised to over $40 million, the capital will be put toward scaling the startup’s business-side operations to support the launch of a new cloud service, RisingWave Cloud, next year, CEO Yingjun Wu said.
Wu founded RisingWave in early 2021, after working on streaming processing and database systems for over a decade at companies includi

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