Stream Raises $1.75M Seed Round
Blog post from Stream
Stream, a company founded by Thierry Schellenbach and Tommaso Barbugli, has raised $1.75 million from notable investors including Brad Feld/FGAngels and Techstars Ventures, to enhance its innovative data store designed for building, scaling, and personalizing feeds. The platform, born from the open-source Stream-Framework with over 250,000 downloads, addresses the challenges faced by over 500,000 apps that currently develop their own feed technology, enabling developers to create intelligent and relevant feed systems in days rather than months. Feeds, popularized by social apps like Facebook and Twitter, have become a dominant method for information discovery online, and Stream leverages machine learning and big data to improve user engagement, conversion, and retention through advanced analytics and personalization. The company, which participated in Techstars NYC and relocated to Boulder, CO, is currently running closed trials of its personalization features, offering early access to interested developers. The investment will be used to expand the team and enhance the platform's capabilities, with Stream's network through Techstars playing a significant role in its development and success.