Starburst, a Boston, MA-based analytics anywhere company, raised $100m in Series C funding.
The round – which brought total financing to $164m and valuation to $1.2 billion – was led by Andreessen Horowitz, with participation from Salesforce Ventures, as well as existing investors Coatue and Index Ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Justin Borgman, CEO and co-founder, Starburst provides a solution to make it fast and easy to access data anywhere. It queries data across any database, making it instantly actionable for data-driven organizations. It leverages Presto, which makes it possible to quickly analyze data anywhere. The company employs all four creators of the open source project originally developed at Facebook in 2012.
Customers include Comcast, FINRA, Condé Nast and Zalando.
FinSMEs
06/01/2020