Starburst Data

Enterprise Software

Founded: 2017

Last Round Valuation: $3.35B

The creator of a data analytics platform that facilitates quick and convenient access to data from any location, with the aim of extracting its full potential. This platform empowers data-driven organizations by swiftly retrieving and processing data from various databases, resulting in actionable insights. By doing so, it helps these organizations reduce infrastructure and analytics costs, avoid being tied to a single vendor, and leverage their existing business tools. Ultimately, this solution enables clients to make data-informed decisions on a large scale, accelerating their progress.

Starburst DataOverview:

Starburst Data is a company that has developed an innovative analytics platform called Starburst Enterprise. Their platform is specifically designed to unlock the full value of data by making it fast and easy to access from anywhere. With Starburst Enterprise, organizations can efficiently query and analyze data across various databases, enabling them to derive actionable insights in real-time.

One of the key advantages of Starburst Enterprise is its ability to provide instant access to data regardless of its location or format. It achieves this by leveraging a unique approach known as "federated querying." Instead of physically moving or replicating data, the platform acts as a virtual layer that seamlessly connects to different data sources, such as data warehouses, data lakes, and even external databases. This eliminates the need for data duplication and ensures that users can access and analyze data in its original source, making it both efficient and cost-effective.

By offering a unified interface to query data across disparate sources, Starburst Enterprise eliminates the need for organizations to maintain multiple data silos or invest in complex data integration projects. This significantly reduces the total cost of infrastructure and analytics investments, as well as the time and effort required to access and analyze data.

Another crucial benefit of Starburst Enterprise is its ability to prevent vendor lock-in. Many organizations rely on specific tools and technologies for their analytics and business intelligence needs. With Starburst Enterprise, these organizations can continue using their preferred tools, such as SQL-based analytics platforms, business intelligence tools, and visualization applications. The platform seamlessly integrates with popular analytics ecosystems, including Apache Kafka, Apache Superset, Tableau, and Power BI, ensuring that existing investments and workflows are preserved.

Additionally, Starburst Enterprise enables organizations to scale their data-driven decision-making processes effectively. The platform is designed to handle massive amounts of data and support high-concurrency workloads. It leverages advanced techniques like query optimization and caching to deliver exceptional query performance, allowing users to get timely insights even from the most complex datasets.

In summary, Starburst Data's analytics platform, Starburst Enterprise, offers a fast and accessible solution for organizations to unlock the value of their data. By providing instant access to data across various sources, reducing costs, preventing vendor lock-in, and seamlessly integrating with existing tools, Starburst Enterprise empowers data-driven organizations to accelerate their decision-making processes and derive actionable insights at scale.

Founders:

  • Justin Borgman

  • Martin Traverso

  • Dain Sundstrom

Top Investors:

  • Alkeon Capital

  • Altimeter

  • B Capital Group

  • Andreessen Horowitz

  • Salesforce Ventures

  • Coatue Management

  • Index Ventures

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Feb 2022 Series D $250MM $431.7MM $5.75 $3.35B Alkeon Capital, Altimeter, B Capital Group
Jan 2021 Series C $118.36MM $181.7MM $2.23 $1.19B Andreessen Horowitz, Salesforce Ventures, Coatue Management
Jun 2020 Series B $41.5MM $63.33MM $0.73 $141.84MM Coatue Management, Index Ventures
Nov 2019 Series A $21.83MM $21.83MM $0.31 $71.44MM Index Ventures

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