The world is asynchronous and built out of events. Message brokers are the engine behind their flow in the modern software architecture, and when we looked at the bigger picture and the role message brokers play, we immediately understood that the modern message broker should be much more intelligent and by far with much less friction. However, the message broker market has been in need of innovation for years. Message brokers need to evolve to handle the vast amount and complexity of events that occur, and must feature reliability and ease of management.
This is where California-based Memphis.dev comes into the picture with its message broker that focuses on the storage layer. Now, the company has introduced Memphis Cloud, which builds on the highly successful Memphis open-source project.
Seed funding led by VCs
In addition to this announcement, it has also secured $5.5 million in seed funding co-led by Angular Ventures (that invested in Januar and boldstart ventures, with participation from JFrog co-founder and CTO Fred Simon, Snyk co-founder Guy Podjarny, CircleCI CEO Jim Rose, Console.dev co-founder David Mytton, and Priceline CTO Martin Brodbe\ck.
Gil Dibner, partner, Angular Ventures said, “When we first met the Memphis team, they had already been hard at work for over a year – deeply committed to reinventing the event streaming paradigm from the ground up. For years, developers had been struggling to build ever more complex streaming architectures using fundamentally limited building blocks such as Kafka. The Memphis team had the ambition to completely reimagine what could be possible if the entire stack was reinvented, but the wisdom to design a solution that works seamlessly with legacy approaches.”
Shomik Ghosh, partner, boldstart ventures said, “Yaniv, Avraham, Idan and Sveta blew us away with their thoughtfulness of building a message broker that could augment existing solutions as well as fully replace them with setup time in minutes and observability and cluster management a core part of the product from day one, drastically reducing the maintenance burden for developers.”
“Cluster setup, fault tolerance, high availability, data replication, performance tuning, multitenancy, security, monitoring, and troubleshooting all are headaches everyone who has deployed traditional message broker platforms is familiar with,” said Torsten Volk, senior analyst, EMA. “Memphis however is incredibly simple so that I had my first Python app sending and receiving messages in less than 5 minutes.”
Yaniv Ben Hemo, co-founder and CEO, Memphis added, “We built Memphis.dev which takes five minutes on average for a user to get to production and start building queue-based applications and distributed streaming pipelines.”
Memphis Cloud: What is it?
Founded in 2022 by experienced developers – Avraham Neeman, Sveta Gimpelson, Idan Asulin, and Yaniv Ben Hemo, Memphis.dev is on a mission to build the next-generation alternative to traditional message brokers.
The company is focused on product evolution with a roadmap including support for GitOps, automation enablement, and reconstructing select APIs so they can be modular and open, enabling the community to self-implement new ones as they are developed. Additional focus areas include multi-tenancy, partitions, and read replicas.
The newly announced Memphis Cloud can easily run alongside Kafka, ensuring messages are delivered in order and without any loss, enabling data segregation and control, providing protocol flexibility and enhancing security. Memphis Cloud is poised to disrupt the dominance of the combination of Kafka and Flink with an intelligent, frictionless message broker that enables the ultra-fast development of real-time applications for developers and data engineers.
