Starburst, a Boston, MA-based analytics anywhere company, secured a $250m Series D funding round at a $3.35 billion valuation.
The round, which brings total financing to date to $414m, 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 company intends to use the funds to ramp up operations and expand its business reach.
Led by Justin Borgman, CEO and co-founder, Starburst provides an analytics engine for data warehouse, data lake, or Data Mesh. It 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. It is used by companies like Comcast, FINRA, and Condé Nast, Starburst to make decisions faster on all data.