Intel Capital and Tengelmann Ventures are set to exit data processing technology developer Data Artisans, having backed its $6.3m series A round.

E-commerce firm Alibaba agreed yesterday to acquire Germany-based Data Artisans for €90m ($103m), allowing retail group Tengelmann and semiconductor and data technology producer Intel to exit, EU-Startups reported. Founded in 2014, Data Artisans has developed a data stream-processing platform based on Apache Flink, the open source streaming dataflow software created by the company’s founders. The…

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