Starburst, a Boston, MA-based analytics anywhere company, announced that it secured a $250 million Series D funding round at a $3.35 billion valuation.
The financing round was led by Alkeon Capital, with participation from Altimeter and B Capital Group, as well as existing investors Andreessen Horowitz, Coatue Management, Index Ventures, and Salesforce Ventures.
The round brings Starburst’s total financing to date to $414 million, as the company ramps up operations to meet the industry’s growing demand for faster analytics on decentralized data.
Company: Starburst Data, Inc.
Raised: $250.0M
Round: Series D
Funding Month: February 2022
Lead Investors: Alkeon Capital
Additional Investors: Altimeter, B Capital Group, Andreessen Horowitz, Coatue Management, Index Ventures, and Salesforce Ventures
Company Website: https://www.starburst.io/
Software Category: Analytics engine
About the Company: 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.
Source: https://www.starburst.io/press-releases/starburst-raises-250-million-to-lead-the-market-shift-to-faster-analytics-on-decentralized-data/