Starburst Data

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Starburst Data is an open-source software company headquartered in Boston, MA. Their data lake analytics platform: Starburst Enterprise and Starburst Galaxy is powered by open-source Trino (formerly known as Presto), distributed SQL query engine.[1]

## History[edit]

In December 2017, Teradata announced that the support and development of Presto will operate under a new company, Starburst Data.[2] The company is founded by database experts: Justin Borgman, Matthew Fuller, and Kamil Bajda-Pawlikowski.

In October 2019, Martin Traverso, Dain Sundstrom, and David Phillips, the original founders of the Presto project at Facebook, joined Starburst.

In November 2019, the company raised $22 Million from Index Ventures. The following year in June 2020, the company raised $42 Million from Coatue and Index Ventures.

In February 2022, Starburst announced a $250 million financing round, nearly tripling its valuation to $3.35 billion and on June 23, 2022, Starburst acquired Varada, a data lake analytics accelerator.[3][4]

The company's CEO, Justin Borgman was recognized in October 2022 by Goldman Sachs as one of the Most Exceptional Entrepreneurs of 2022.[5]

## References[edit]

1. ↑ Starburst Unveils Data Lake Analytics Platform at Galaxy Launch Week 2023. Datanami. June 20, 2023.
2. ↑ Howard, Philip. Teradata spins off Starburst December 21, 2017.
3. ↑ Starburst Raises $250 Million to Lead the Market Shift to Faster Analytics on Decentralized Data. (Press release). PR Newswire. February 2022.
4. ↑ Gillin, Paul. Starburst buys acceleration technology for its distributed query engine. SiliconAngle. June 2022.
5. ↑ Starburst CEO Justin Borgman Named 2022 Winner in the BIG Award for Business. (Press release). PR Newswire. November 2022

## External links[edit]

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