Confluent Deep dive and 2025 outlook $CFLT
The streaming software maker is stuck in a long term consolidation
Overview
Confluent is a data streaming platform founded in 2014 by the creators of Apache Kafka. Headquartered in Mountain View, California, the company provides Confluent Cloud and Confluent Platform to help enterprises build real-time applications. In 2024, Confluent generated approximately $922 million in revenue, growing 26% year-over-year. Its main competitors include Databricks, Snowflake, and MongoDB.
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