Conduktor has competition in the space (like Immerok), but the startup has grown at a rapid clip, tripling its annual recurring revenue in the past year. The startup counts DraftKings and Lufthansa as customers, and expects to double its 60-person team by 2026.
“As streaming is inevitable for digital innovation, the demand for an enterprise data management platform continues to rise,” Orban said, citing a Fortune Business Insights report that estimates the market for stream processing to grow to $185 billion by 2032.