Starburst is betting on a decentralized future of big data and pursuing an unconventional view in the burgeoning data industry, which is currently dominated by the cloud data behemoth Snowflake. Starburst promises the ability to run analytics on data from a variety of sources simultaneously, without needing to extract or transform data so it can be loaded into a single destination data warehouse. The company announced in Feb 2022 that it raised $250 million from Alkeon Capital, nearly tripling its valuation to $3.35 billion.
2022 • Series D
Starburst is the company behind the open-source Presto-based SQL query engine Trino, which promises faster, decentralized data analytics. Their cutting-edge data analytics platform powers leading brands across the globe, including Zillow, Standard Chartered, and Carrefour Brazil. Starburst's fully-managed cross-cloud analytics product makes it easier to query data hosted on any public cloud and aims to address the limitations of data silos & speed of access.
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Politician Stacey Abrams and entrepreneur Lara Hodgson have first-hand experience with the disconnect in the business-to-business invoicing life cycle: It was exactly these challenges which forced them to close their startup Nourish one decade ago (in 2012), which made spill-proof bottled water for children. Now raised $29M in 2021 with this deck.
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