Varada, a Tel Aviv, Israel-based big data inline indexing company, raised $7.5m in seed funding.
The round was led by Lightspeed Venture Partners, with participation from StageOne Ventures and F2 Capital.
The company intends to use the funds to expand business operations and development efforts.
Co-founded by Tal Ben Moshe, Roman Vainbrand and David Krakov, Varada provides an on-demand SQL analytics platform that allows data practitioners to define any dataset of interest directly on the data lake, and to analyze it interactively using SQL or BI tools without the need for data preparation or modeling. Its inline indexing technology can provide interactive sub-second analytics across any dimension or schema, directly on petabyte scale data lakes.