HomeAcquisitionsAlibaba takes over Berlin-based streaming analytics startup Data Artisans

Alibaba takes over Berlin-based streaming analytics startup Data Artisans

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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Mary Loritz
Mary Loritz
Mary served as Head of Content at EU-Startups.com from November 2018 until November 2019. She is an experienced journalist and researcher covering tech and business topics.

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