Boston Massachusetts based Starburst Data is raising $249,999,942.00 in New Equity Investment.
Boston, MA – According to filings with the U.S. Securities and Exchange Commission, Starburst Data is raising $249,999,942.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Justin Borgman played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Starburst Data
Starburst is the analytics engine for the data mesh. We unlock the value of distributed data by making it fast and easy to access, no matter where it lives. Starburst 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. Trusted by companies like Comcast, FINRA, and Conde Nast, Starburst helps companies make better decisions faster on all data. We believe our opportunity is huge. Every large company in the world suffers from a data silo problem. Traditional data warehouse products approach the problem with old solutions that breed inefficiency and ultimately cant help business analysts run fast analytics on all their data. This prevents the business from making better decisions to improve their company’s performance. Starburst provides a modern solution that addresses these data silo & speed of access problems. Starburst helps enterprises harness the value of Trino, the fastest distributed query engine available today, by adding the tools and 24×7 support that meet the needs for big data access at scale. Ultimately, Starburst helps organizations run analytics anywhere to make better business decisions.
To learn more about Starburst Data, visit http://www.starburst.io/
Contact:
Justin Borgman, Chief Executive Officer
857-600-2567
justin.borgman@starburst.io
https://www.linkedin.com/in/justinborgman/
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