Dozer, an open-source data infrastructure platform, has raised $3 million in a seed round of funding led by Sequoia Capital India and Southeast Asia’s surge. The round also saw participation of Gradient Ventures and January Capital.
The company plans to utilise the raised funds to the scale of product and expand its engineering team, Dozer stated in a press statement.
Co-founded by Matteo Pelati and Vivek Gudapuri, Dozer is an open source data infrastructure platform that enables engineers to build APIs from multiple data sources seamlessly, without compromising on performance. The platform connects with databases such as Postgres and MySQL, data warehouses such as Snowflake and the Ethereum ledger, allowing engineers to build scalable real-time data applications at blazing fast speeds.
According to Dozer, it is an open source and built in Rust, a low-level programming language that is known for its fast performance and memory safety, and can be extended to support new data sources or transformations. The platform aims to invest in real-time, data driven products that offer users a 10x experience.
Surge, launched in 2019, helps raise capital for the startups participating in the program. The company pumps up to $1- $3 million in pre-seed and seed rounds for early-stage startups. After the addition of the eighth cohort, the surge community has over 300 founders and 130 startups across 16 industries.