The Chinese e-commerce giant Alibaba has taken over the Berlin-based startup Data Artisans for a price tag of €90 million.
Founded in 2014, Data Artisans’ platform provides a turnkey streaming solution for businesses, enabling them to manage and deploy live data applications so they can react to data instantaneously, and make better and faster business decisions. Global companies including ING, Netflix, and Uber use Data Artisans’ platform Apache Flink to power large-scale applications for real-time analytics, machine learning, search and content ranking, and fraud detection.
Data Artisans counts among its investors Btov, Tengelmann Ventures, and Intel. It previously raised two funding rounds for a total of €6.5 million.
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