Starburst Announces $100M Series C Led by Andreessen Horowitz
Blog post from Starburst
Starburst has announced it raised $100 million in Series C funding led by Andreessen Horowitz, with participation from Salesforce Ventures and existing investors like Index Ventures and Coatue, bringing total funds raised to over $164 million in the past year. The company, which initially achieved profitability without outside capital, aims to solve the problem of fast data access without requiring a centralized data warehouse by providing a single access point for analytics across various data sources. This decentralized approach, termed "the power of Optionality," allows users to maintain control over their data storage choices, whether it be RDBMS, Hadoop, or cloud services like Amazon S3 and Google GCS. Starburst's technology is built on Presto, now known as Trino, and offers an enterprise-grade distribution used by companies such as Comcast, Tesla, and Zalando, featuring enhanced performance, security, and manageability.