Fastdata.io
Fastdataio is developing the world’s fastest and most efficient real-time stream processing software engine.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
$5.0m | Seed | ||
| Total Funding | 000k | ||
Fastdata.io, established in 2016 by founder and CEO Alen Capalik, is a real-time stream processing company targeting the big data analytics market. Capalik's background in low-level kernel development for high-frequency trading and cybersecurity systems directly informed the company's direction, born from his frustration with the limitations of CPU-bound processing. This experience led him to explore the massive parallel processing capabilities of Graphics Processing Units (GPUs) for handling data streams, which became the foundation of Fastdata.io.
The company's core offering is the Plasma Engine™, a GPU-native software designed to process immense, continuous data streams in real time. It operates on a paradigm of “collect > process > store,” a shift from the traditional batch method of “collect > store > process.” A key feature is its ability to accelerate existing Apache Spark workloads on GPUs without requiring code changes, leveraging NVIDIA GPUs and Apache Arrow for its architecture. The Plasma Engine is delivered as a container and is compatible with major cloud platforms like Amazon AWS and Microsoft Azure. This technology is engineered to accelerate stream processing by up to three orders of magnitude compared to CPU-based solutions while significantly reducing power consumption and data center space by over 90%.
Fastdata.io's business model centers on providing its software engine to developers and enterprises that require high-speed data analysis. The company serves a diverse client base across sectors that depend on real-time data, including finance, fraud detection, cybersecurity, artificial intelligence, IoT, and telecommunications. The firm generates revenue through licensing its high-performance computing software. Fastdata.io has secured a total of $6.5 million in seed funding over two rounds, with notable investors including NVIDIA, CrossCut Ventures, and Pelion Venture Partners.
Keywords: stream processing, GPU computing, big data analytics, real-time data, Alen Capalik, Plasma Engine, Apache Spark acceleration, NVIDIA GPU, Apache Arrow, high-performance computing, data in motion, low-latency processing, financial systems technology, cybersecurity data processing, IoT data, cloud data processing, data center efficiency, machine learning infrastructure, enterprise software, data management