DataStax Stock

DataStax announced a $115 million investment on a $1.6 billion valuation today. That’s a 33% premium over a round completed just a year ago, according to the company. This is especially impressive in an economic environment where software valuations are taking a big hit and VC dollars are getting tighter.

DataStax unfurls the Astra Streaming service, based on Pulsar, as part of its effort to replace the need for the Kafka platform.

Datastax, the company best known for commercializing the open-source Apache Cassandra database, is moving beyond databases. As the company announced today, it has acquired Kesque, a cloud messaging service. The Kesque team built its service on top of the Apache Pulsar messaging and streaming projec…