RudderStack raises $5M seed round for its open-source Segment competitor

May 27, 2020 - TechCrunch
Board and Executive Moves-Mergers and Acquisitions-Investments

RudderStack, a startup that offers an open-source alternative to customer data management platforms like Segment, today announced that it has raised a $5 million seed round led by S28 Captial. Salil Deshpande of Uncorrelated Ventures and Mesosphere/D2iQ co-founder Florian Leibert (through 468 Capital) also participated in this round.

In addition, the company also today announced that it has acquired Blendo, an integration platform that helps businesses transform and...