Enterprise Presto Company Starburst Data Announces $42 Million Series B
06/16/20, 1:04 PM
Location
bostonMoney raised
$42 million
Industry
software
Round Type
series b
Starburst, the Presto company, today announced $42 million in Series B financing to unlock the value of data by helping teams access it anywhere. The round follows a $22 million Series A in November 2019, bringing the total venture funding raised for the profitable company to $64 million in only six months. As a part of this round, led by Coatue, General Partner Caryn Marooney will join the board. Previous investor Index Ventures (with partner and board member Mike Volpi) also participated in the round.
Company Info
Location
boston, massachusetts, united states
Additional Info
Starburst is the data platform for analytics, applications, and AI, unifying data across clouds and on-premises to accelerate AI innovation. Organizations—from startups to Fortune 500 enterprises in 60+ countries around the globe — customers rely on Starburst for fast data access, seamless collaboration, and enterprise-grade governance on an open data lakehouse. Wherever data lives, Starburst unlocks its full potential, powering data and AI from development to deployment. By future-proofing data architecture, Starburst helps businesses fuel innovation with AI.