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Startree Lands $47 Million In Series B Funding To Accelerate Adoption Of Real-Time, User-Facing Analytics

PRIVATEAug 29, 2022

Amount Raised

$47 Million

Round Type

Series B

Mountain ViewInformation TechnologySoftwareSaasEnterprise SoftwareAnalyticsBig Data

Description

StarTree, Inc. today announced $47 million in Series B funding to accelerate product development, expand sales and marketing, and continue to drive fast adoption of its real-time analytics platform. The funding round was led by Series A investor GGV Capital, with additional investment from new investor Sapphire Ventures and existing investors Bain Capital Ventures and CRV. StarTree has raised a total of $75 million to date.

Company Information

Company

StarTree, Inc.

Location

148 CASTRO ST., SUITE B1

Mountain View, California, United States

About

With the new technology and services we’re building on top of Apache Pinot, we’re opening the door for any company to extract intelligence that enables their customers, partners and employees to take action based on the freshest data and insights.” StarTree Cloud is the real-time analytics platform that combines the scale, freshness, speed, and ease of use necessary for any company to make that vision a reality. StarTree was founded by the original creators of Apache Pinot™, the real-time distributed OLAP data store proven at scale by LinkedIn, Cisco, DoorDash, Etsy, Hyundai, Razorpay, 7-Eleven,Target, Uber, Walmart, Microsoft and many other data-driven leaders.

Fundz sees it the moment StarTree, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

StarTree, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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