CtrlB, a unified data platform, has raised $2.5 million in a seed funding round led by Chiratae Ventures, with Equirus, InnovateX Fund, Campus Fund, and Point One Capital participating.
The startup will use the funding to scale its diskless data lake platform and expand its presence in India and the United States, founder and CEO Adarsh Srivastava told ET.
The company aims to accelerate engineering, research and development, and patent filings related to its core indexing and compression technology. It will also pursue enterprise certifications such as SOC 2 and ISO 27001, it said in a statement.
CtrlB's platform helps companies monitor and manage the huge amounts of data that their software and security systems produce. It collects all this data—including logs, traces, and metrics—in one place, making it easier and faster for engineers to search, analyse, and fix issues.
"I always wanted to build something that helps developers resolve production issues faster because that’s when they lose the most productivity. Every minute a system is down costs companies millions of pounds," Srivastava, who began coding at 14, said.
The platform can handle massive data volumes quickly and cuts storage costs for its clients by up to 80%. It achieves this through advanced data compression and a unique way of storing information without slowing down.
CtrlB also makes it simple to pull insights in real time, helping teams spot and solve issues before they affect users.
Srivastava explained that existing tools that solve such problems are expensive and slow. "Customers often wait 15 to 20 minutes to see what’s happening in their systems. CtrlB can provide results in 5 to 10 seconds. This speed and cost advantage comes from our unique algorithms," he said.
Founded in 2023 by Srivastava, CtrlB is based in India and has a US subsidiary. Currently a team of 12, CtrlB plans to increase headcount to 50-60 members, focusing on distributed systems, DevOps, solution architecture, and US-based sales.
The startup aims to have more than 50 enterprise customers in the coming 18 months and $1 million in annual recurring revenue (ARR), spanning sectors such as logistics, fintech, ecommerce, and SaaS, Srivastava said.
The startup will use the funding to scale its diskless data lake platform and expand its presence in India and the United States, founder and CEO Adarsh Srivastava told ET.
The company aims to accelerate engineering, research and development, and patent filings related to its core indexing and compression technology. It will also pursue enterprise certifications such as SOC 2 and ISO 27001, it said in a statement.
CtrlB's platform helps companies monitor and manage the huge amounts of data that their software and security systems produce. It collects all this data—including logs, traces, and metrics—in one place, making it easier and faster for engineers to search, analyse, and fix issues.
"I always wanted to build something that helps developers resolve production issues faster because that’s when they lose the most productivity. Every minute a system is down costs companies millions of pounds," Srivastava, who began coding at 14, said.
The platform can handle massive data volumes quickly and cuts storage costs for its clients by up to 80%. It achieves this through advanced data compression and a unique way of storing information without slowing down.
CtrlB also makes it simple to pull insights in real time, helping teams spot and solve issues before they affect users.
Srivastava explained that existing tools that solve such problems are expensive and slow. "Customers often wait 15 to 20 minutes to see what’s happening in their systems. CtrlB can provide results in 5 to 10 seconds. This speed and cost advantage comes from our unique algorithms," he said.
Founded in 2023 by Srivastava, CtrlB is based in India and has a US subsidiary. Currently a team of 12, CtrlB plans to increase headcount to 50-60 members, focusing on distributed systems, DevOps, solution architecture, and US-based sales.
The startup aims to have more than 50 enterprise customers in the coming 18 months and $1 million in annual recurring revenue (ARR), spanning sectors such as logistics, fintech, ecommerce, and SaaS, Srivastava said.
