We previously reported on how the pandemic’s effects will not be slowing down funding for companies. Proving us right are the numerous funding rounds happening in Europe.
The Amsterdam-based software company AxonIQ has secured fresh funding in its Series A investment round.
AXA Venture Partners invests in AxonIQ
AxonIQ is a Utrecht-based company that offers a software platform for Event-Driven Architectures (EDA). It has now secured a notable €6M Series A investment led by AXA Venture Partners (AVP) while an existing investor, Volta, co-invested. With fresh funds, the startup aims to expand its engineering and commercial teams to boost its growth, particularly in the US.
“We are very excited to work with the team to support the growth of AxonIQ. We share their vision that event-driven architecture is the next big thing for companies, big or small, that migrate their IT architecture to microservices. This allows native auditability, which is critical for many industries. The quality of their tech stack is very impressive and we are very honored to join the AxonIQ journey. As for all our other portfolio companies, we’ll pour all our resources in Europe and in the US at their service to help them grow,” comments Francois Robinet, Managing Partner of AVP.
Driving value via end-to-end development and infrastructure platform
The main draw of AxonIQ is its end-to-end development and infrastructure platform, which enables Event-Driven Microservices focused on CQRS (Command Query Responsibility Segregation) and Event Sourcing. In layman terms, the company provides an open-source Java platform that can solve common application complexities. This, in turn, enables developers to focus on the essence of business problems.
AxonIQ was founded in 2017, and it works with a team spread across the globe. The company’s main offering is called Axon, which consists of the Axon Framework and the built-for-purpose Axon Server. The open-source Framework supports Java API for writing DDD, CQRS, and Event Sourcing applications. Axon Server is a zero-configuration message router and event store, distributed in Axon Server Standard Edition, which is a free version, and Enterprise edition, aimed at medium to large scale production deployments.