Redpanda, a San Francisco-based data platform provider, has secured $100 million in its Series D funding round, aimed at advancing its agentic AI solutions. The round was led by GV, the investment arm of Alphabet, with additional participation from Lightspeed Venture Partners. This funding increases the company’s total capital raised to $265 million and raises its valuation to $1 billion.
The funds will help Redpanda enhance its data platform, focusing on improving real-time data integration and processing capabilities for enterprise applications, including AI-powered solutions. In addition, the company has unveiled an agentic AI service designed to support multi-agent systems while ensuring traceability and strong data governance.
“Enterprise applications will be built in a fundamentally different way as we shift to autonomous agents and continuous computation,” said Alexander Gallego, founder and CEO of Redpanda. “The agentic enterprise will be multi-agent, highly orchestrated, and powered by private datasets with complete auditability and governance. Our focus from day one has been to empower the developer, giving them the tools to build frontier applications and enable the future. We are excited to introduce our new agentic runtime platform that is simple to use, scalable, and fully private for enterprise requirements. This latest round of funding gives us the opportunity to double down on our existing data streaming foundation while building the future state-of-the-art data platform for autonomous agentic applications. We are honored to have the continued backing of GV and Lightspeed as we power the future.”
“Redpanda is transforming enterprise data streaming with a faster, more scalable platform built for high-volume, low-latency workloads. Used in critical industries, from autonomous vehicles to financial markets, Redpanda is now poised to lead the AI-driven enterprise as real-time data demands surge,” said GV Managing Partner and Board Member Dave Munichiello. “Alex Gallego is an exceptional founder who is uniquely positioned to capitalize on these shifts, and we’ve proudly backed him in every round since Redpanda’s Series A funding. With AI as the next big opportunity, Redpanda is set to expand its total addressable market, solidifying its position as the platform of choice for today’s developers and enterprises.”
Redpanda offers a robust platform with over 300 data connectors and delivers low-latency performance, serving major clients such as Activision Blizzard, Cisco, Moody’s, Texas Instruments, and Vodafone.
With this significant funding, Redpanda is well-positioned to continue innovating in the real-time data integration space and solidify its presence as a leader in the industry. The company’s focus on expanding its platform, enhancing data governance, and supporting agentic AI solutions will help businesses unlock new capabilities in data processing and enterprise application management.
