20 November 2019:
Starburst has raised $22 million in Series A round of funding. The funding round led by Index Ventures.
As a part of funding, Index Ventures Partner Mike Volpi will join the board.
The company will use the fresh capital to invest in product development, customer acquisition, and growth.
Justin Borgman, co-founder and CEO, Starburst, said, “Starburst delivers data warehousing analytics, without the data warehouse. Nobody has had more success scaling open source businesses than Mike Volpi, and we are thrilled to have him join our board.”
Index Ventures Partner, Mike Volpi, said, “Data is becoming the greatest differentiator in today’s competitive environment. Presto delivers unparalleled insight from that data, enabling businesses everywhere to bolster their competitive advantage. They are uniquely positioned to become one of the greatest data companies of our time.”
Startburst was founded by Justin Borgman and a team of veteran SQL database engineers from Teradata and Facebook.
(Image – Starburst)