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RudderStack: Raises $56M in Series B Funding

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

RudderStack Raises $56M in Series B Funding

  • RudderStack, a San Francisco, CA-based platform for building customer data stacks, raised $56m in Series B funding
  • The round was led by Insight Partners with support from Kleiner Perkins and S28 Capital
  • In conjunction with the funding, Praveen Akkiraju, Managing Director at Insight Partners, is joining the company’s board
  • The company, which has raised a total of $82m to date, intends to use the funds to accelerate growth
  • The company provides thousands of companies with a platform to power the collection, enrichment, and activation of customer data
  • The customer list includes AllBirds, Wealthfront and Crate & Barrel, among others
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