Starburst, a Boston, MA-based Presto company which provides a platform for companies to run fast analytics on any data, raised $42m in Series B financing.
The round, which brought total venture funding to $64m in six months, was led by Coatue, with participation from previous investor Index Ventures. In conjunction with the funding, General Partner Caryn Marooney will join Starburst’s board.
The company intends to use the funds to expand operations and its business reach.
Born from Presto, an open source technology created to find and analyze data across any source, Starburst is built for enterprises to access to their data anywhere. The company’s customer roster included organizations like Comcast, FINRA, and Zalando.
Starburst is led by Justin Borgman, CEO.