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Starburst

177 Huntington Avenue Suite 1703, Boston, Massachusetts, 02115, United States

Overview

Starburst offers an analytics engine that queries data across any database (data warehouse, data lake, or Data Mesh) to make information instantly actionable for data-driven organizations. Its platform aims to lower total infrastructure and analytics costs, prevent vendor lock-in, and let teams continue using existing tools. The company counts customers such as Comcast, FINRA, and Condé Nast. Led by CEO and co-founder Justin Borgman, Starburst plans to use new funding to ramp up operations and expand its business reach. Financially, the company closed a $250M Series D at a $3.35B valuation, bringing total financing to date to $414M. Starburst is headquartered in Boston, MA. Starburst offers a query engine that delivers a single point of access to data, enabling organizations to analyze data where it resides rather than moving it into a central warehouse. Its technology is built on the Presto engine (rebranded Trino), and the company employs all four creators of the open-source project. Starburst integrates with visualization tools such as Tableau to let users analyze and visualize data across multiple sources from a single interface. Customers named in the article include Comcast, FINRA, Condé Nast, and Zalando. The company is described as three years old and is hosting an inaugural data strategy event, Datanova, in February 2021. Financially, the firm has raised financing totaling $164 million and is valued at $1.2 billion following the Series C. Born from the open-source Presto project, Starburst provides a single point of access that lets enterprises query and analyze data across any source without moving it. The company positions its commercial offering as an enterprise open-source analytics layer that reduces infrastructure costs, prevents vendor lock-in, and preserves continuity of data access. Starburst highlights customers including Comcast, FINRA, Zalando, and Condé Nast. The company says it has quietly bootstrapped itself to profitability. Starburst emphasizes helping teams get faster answers and better leverage existing data investments and is promoting an upcoming webinar with Forrester Research as part of its outreach. Its stated mission is to power analytics anywhere. Starburst delivers an enterprise-ready distribution of the open-source Presto distributed SQL query engine to let analysts query petabyte-scale data across disparate systems without heavy ETL or data duplication. Presto was originally created by Martin Traverso, Dain Sundstrom, and David Phillips at Facebook in 2012; Starburst was founded by Justin Borgman alongside veteran SQL engineers from Teradata and Facebook. The product emphasizes ultra-high performance, concurrency, scalability, enhanced security, connectivity, manageability, and 24/7 support from Presto’s developers. Starburst positions its offering to eliminate vendor lock-in and give data architects flexibility over storage location as customers migrate to cloud and hybrid architectures. The company reports it is already profitable and works with customers including Comcast, FINRA, and Zalando. With the new funding, Starburst plans to invest in product development, customer acquisition, and growth.

Total raised
$414M
Funding rounds
4
Latest round
Series D
Latest activity
Feb 2022

Industries

  • Analytics
  • Big Data
  • Database
  • Information Technology
  • Open Source
  • Software
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Recent funding

  1. Series D

    Feb 2022

    $250M

  2. Series C

    Jan 2021

    $100M

  3. Series B

    Jun 2020

    $42M

  4. Series A

    Nov 2019

    $22M

Team

  • Justin Borgman

    Chairman & CEO

    LinkedIn
  • Lukasz Osipiuk

    Software Engineer

    LinkedIn
  • Martin Traverso

    Co-Founder and Chief Technology Officer

    LinkedIn
  • Piotr Findeisen

    Software Engineer

    LinkedIn