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Starburst Acquires Varada To Deliver The New Standard Of Data Lake Analytics

PRIVATEJun 23, 2022

Acquiring Company

Starburst

Acquired Company

Varada

BostonSoftwareData And AnalyticsSoftwareData And Analytics

Description

Starburst, the analytics anywhere company, today announced the acquisition of Varada, a data lake analytics accelerator. While Starburst's best-in-class query engine already leads the industry in both performance and cost-efficiency, combining Varada's proprietary and patented indexing technology sets a new benchmark in data lake analytics, empowering organizations to more quickly and efficiently derive greater insights from their data.

Quick answer

Starburst is acquiring Varada, announced June 23, 2022. Starburst is based in Boston, Massachusetts, United States.

How much did Starburst pay for Varada?
The deal value was not disclosed.
What does Starburst do?
Starburst is the data platform for analytics, applications, and AI, unifying data across clouds and on-premises to accelerate AI innovation.
Where are Starburst and Varada based?
Starburst is based in Boston, Massachusetts, United States.
Who are the decision-makers at Starburst?
Fundz holds 3 contacts at Starburst. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Starburst

Location

Boston, Massachusetts, United States

About

Starburst is the data platform for analytics, applications, and AI, unifying data across clouds and on-premises to accelerate AI innovation. Organizations—from startups to Fortune 500 enterprises in 60+ countries around the globe — customers rely on Starburst for fast data access, seamless collaboration, and enterprise-grade governance on an open data lakehouse. Wherever data lives, Starburst unlocks its full potential, powering data and AI from development to deployment. By future-proofing data architecture, Starburst helps businesses fuel innovation with AI.

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Frequently asked

Who acquired Varada?

Varada was acquired by Starburst, based in Boston. The deal was reported on June 23, 2022. Starburst is the data platform for analytics, applications, and AI, unifying data across clouds and on-premises to accelerate AI innovation. Starburst is privately held and operates in Software.

When did Starburst acquire Varada?

Starburst's acquisition of Varada was reported on June 23, 2022. Starburst, the analytics anywhere company, today announced the acquisition of Varada, a data lake analytics accelerator. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Varada do?

The Varada mission is to enable data practitioners to go beyond the traditional limitations imposed by data infrastructure and instead zero in on the data and answers they need—with complete control over performance, cost and flexibility. It is privately held, operating in Software.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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