Confluent Is Seeking Private Funding at $5 Billion Value

The event streaming platform Confluent Inc. has held talks with potential investors about a new funding round, according to people with knowledge of the matter.

Confluent is seeking to raise about $200 million to $300 million, said one of the people, who asked not to be identified because the discussions are private. The round could value Confluent at about $5 billion, another person said.