# Starburst Data

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/starburst-data

- Industry: Software
- Headquarters: Boston, US
- Website: www.starburstdata.com
- Total disclosed funding: $414M
- Latest round: Series D (Feb 1, 2022)
- Investors on record: 7

## About

Starburst Data, Inc. is a data management company that provides a data lakehouse platform enabling seamless access to data across cloud, on-premises, and hybrid environments, catering to various industries.Founded in 2017 and headquartered in Boston, US, Starburst Data, Inc. specializes in data management solutions. The company has secured a total of USD 250.00 mn through multiple funding rounds, with the most recent being a Series D round led by Alkeon Capital Management on June 1, 2022. The founders include Anu Sudarsan, Kamil Bajda-Pawlikowski, Karol Sobczak, Matt Fuller, and Wojciech Biela, while Justin Borgman serves as the CEO.Starburst offers a robust data lakehouse platform designed to streamline access to data across various environments, including cloud, on-premises, and hybrid setups. Its core products include Starburst Galaxy, a fully managed lakehouse solution that enables efficient data ingestion, sharing, and integration with AI applications, and Starburst Enterprise, a self-managed version that enhances the performance of the Trino SQL engine. These platforms serve a diverse client base, comprising data scientists, analysts, and IT professionals across multiple industries such as financial services, healthcare, retail, and manufacturing. Starburst's technology empowers organizations to optimize data pipelines and unlock real-time insights, thereby addressing critical use cases around data accessibility and governance. The solutions are marketed and sold globally, with a particular emphasis on North America and Europe, ensuring that clients can leverage their existing data infrastructure without the need for extensive migration.Starburst generates revenue primarily through subscription-based models for its software offerings, including Starburst Galaxy and Starburst Enterprise. Clients engage in annual contracts that provide access to the platform's features and capabilities, allowing them to pay based on the scale of their data operations. The company also collaborates with strategic partners to enhance its service offerings, which may include joint marketing initiatives and bundled services. While specific pricing details for individual products or services are not disclosed, the revenue structure is designed to cater to enterprise clients who require scalable solutions for managing large volumes of data. This transactional framework enables Starburst to establish long-term relationships with its clients, facilitating continuous growth and innovation within the data management sector.Starburst Data, Inc. aims to develop new products and enhance its existing platform offerings in the near future. The company plans to expand into additional geographic regions, particularly targeting markets in North America and Europe. Recent funding from the Series D round will be utilized to support these initiatives, with a focus on innovation and market penetration following the latest funding round concluded on June 1, 2022, from Thoma Bravo.

## Funding rounds

- Series D, Feb 1, 2022, $250M — Index Ventures, Andreessen Horowitz, Coatue Management, Alkeon Capital Management, Altimeter Capital, Salesforce Ventures, B Capital
- Series C, Jan 6, 2021, $100M — Index Ventures, Andreessen Horowitz, Coatue Management, Salesforce Ventures
- Series B, Jun 16, 2020, $42M — Index Ventures, Coatue Management
- Series A, Oct 30, 2019, $22M — Index Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B, Series C, Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B, Series C, Series D
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series C, Series D
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series C, Series D
- Alkeon Capital Management (https://capitalatlas.ai/funds/alkeon-capital-management) — Series D
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series D
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series D
