Stream raises $3 Million from Arthur Ventures
We are excited to announce that Stream has raised $3 million from Arthur Ventures with participation from Galvanize, Techstars, and others. This puts Stream’s total funding at $4.75 million. Stream will use this investment to expand its team and accelerate product development.
Stream (getstream.io) is an API for building, scaling and personalizing feeds. Over 500 companies rely on Stream for their production feed infrastructure including well known names such as Product Hunt, Unsplash, Bandsintown, Fabric (part of Google), Vidyard, Hooq, Zoetis and PowerSchool. Our API now powers the feeds for over 200 million end users. You can try out the API in this five minute tutorial.
Feeds were pioneered by social apps such as Facebook and Twitter. A feed enables you to stay up to date with the topics or friends you want to follow. Over the last several years the usage of feeds has spread to more than 22% of applications. It has become the dominant way through which information is discovered online. Just this week both Amazon and Google launched new feed related products.
Stream aims to make fast and relevant feed technology available to all applications. When effectively implemented and maintained, feeds can have a major impact on an application’s activation, retention and conversion.
Stream in today’s API world
It has been amazing to grow Stream from two people and an idea to a team of 14 (and we’re hiring!). The entire industry that provides a component of an app via an API is expanding rapidly. Both small startups and enterprise companies are adopting APIs for components such as email, payments, analytics, image management, search, maps, chat and feeds.
As a team consisting largely of developers, we pay close attention to the Stream user experience from a developer perspective. Our design and onboarding documentation make it super easy to get started with Stream. We continuously improve our API, obsessing in particular over performance and reliability.
The Stream team is both humbled and thrilled at this latest announcement. A huge thank you to our customers and investors for making it happen.
About Stream
Stream was founded in Amsterdam by Thierry Schellenbach and Tommaso Barbugli. The company participated in Techstars NYC and relocated to Boulder, CO in 2015. The company provides an API for building, scaling and personalizing feeds. Over 500 companies rely on Stream for their production feed infrastructure including well known names such as Product Hunt, Unsplash, Bandsintown, Fabric (part of Google), Vidyard, Hooq, Zoetis and PowerSchool. Our API now powers the feeds for over 200 million end users. You can try out the API in this five minute tutorial.
Originally published by The Stream Blog.
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
Written by: Thierry Schellenbach
Published: August 10, 2017
