Starburst Raises $22M in Series A Funding

starburstStarburst, a Boston, MA-based provider of a distributed SQL query engine, raised $22m in Series A financing.

The round was led by Index Ventures. In conjunction with the funding, Index Ventures Partner Mike Volpi will join the board.

The company intends to use the funds to invest in product development, customer acquisition, and growth.

Originally created by co-founders Martin Traverso, Dain Sundstrom, and David Phillips when they were at Facebook in 2012, and led by co-founder and CEO Justin Borgman, Presto is a distributed SQL query engine which enables analysts, data engineers and data architects at enterprises across industries to query petabyte-sized datasets, regardless of their location.
Starburst is already profitable and working with high-profile customers, including Comcast, FINRA, and Zalando.

FinSMEs

21/11/2019

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