Enterprise Presto Company Starburst Data Announces $42 Million Series B
06/16/20, 1:04 PM
Location
bostonMoney raised
$42 million
Industry
data and analytics
software
Round Type
series b
Starburst, the Presto company, today announced $42 million in Series B financing to unlock the value of data by helping teams access it anywhere. The round follows a $22 million Series A in November 2019, bringing the total venture funding raised for the profitable company to $64 million in only six months. As a part of this round, led by Coatue, General Partner Caryn Marooney will join the board. Previous investor Index Ventures (with partner and board member Mike Volpi) also participated in the round.
Company Info
Location
boston, massachusetts, united states
Additional Info
Starburst is the analytics engine for all your data. We provide the fastest, most efficient analytics engine for your data warehouse, data lake, or Data Mesh. We unlock the value of distributed data by making it fast and easy to access, no matter where it lives. Starburst queries data across any database, making it instantly actionable for data-driven organizations. With Starburst, teams can lower the total cost of their infrastructure and analytics investments, prevent vendor lock-in, and use the existing tools that work for their business. Trusted by companies like Comcast, FINRA, and Condé Nast, Starburst helps companies make better decisions faster on all data.