Company:Starburst Data
Starburst Data is an open-source software company headquartered in Boston, MA. Their data lake analytics platform: Starburst Enterprise and Starburst Galaxy is powered by open-source Trino (formerly known as Presto), distributed SQL query engine.[1]
History
In December 2017, Teradata announced that the support and development of Presto will operate under a new company, Starburst Data.[2] This unicorn company is founded by database experts: Justin Borgman, Matthew Fuller, and Kamil Bajda-Pawlikowski.
In October 2019, Martin Traverso, Dain Sundstrom, and David Phillips, the original founders of the Presto project at Facebook, joined Starburst.
In November 2019, the company raised $22 Million from Index Ventures. The following year in June 2020, the company raised $42 Million from Coatue and Index Ventures.
In January 2021, Starburst secured $100 Million from Andreessen Horowitz, with participation from Salesforce Ventures, as well as existing investors Coatue and Index Ventures.[3]
In February 2022, Starburst announced a $250 million financing round, nearly tripling its valuation to $3.35 billion and on June 23, 2022, Starburst acquired Varada, a data lake analytics accelerator.[4][5]
References
- ↑ Gillin, Paul. Starburst broadens support for other data sources in update of managed Trino service. SiliconAngle. June 20, 2023.
- ↑ Woodie, Alex. Building Presto Business No Magic Trick for Starburst March 21, 2018.
- ↑ Brust, Andrew. Starburst secures $100M series C financing ZDNET. January 2021.
- ↑ Kerner, Sean Michael. Starburst brings in $250M to advance data mesh aspirations. TechTarget. February 2022.
- ↑ Gillin, Paul. Starburst buys acceleration technology for its distributed query engine. SiliconAngle. June 2022.
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