Starburst Data Valuation Hits $1.2 Billion After $100 Million Funding Round
January 06 2021 - 11:49AM
Dow Jones News
By Colin Kellaher
Enterprise-software startup Starburst Data Inc. on Wednesday
said it raised $100 million in a Series C funding round at a
valuation of $1.2 billion.
Venture-capital giant Andreessen Horowitz led the round, which
brings Starburst's total financing to $164 million and makes the
Boston company a unicorn, or a privately held startup valued at $1
billion or more.
Salesforce Ventures, the venture arm of business-software giant
Salesforce.com Inc., also participated in the round, along with
previous investors Coatue Management and Index Ventures.
Starburst, which is built around the open-source query engine
Presto, counts Comcast, Conde Nast and the Financial Industry
Regulatory Authority among its customers. The startup, founded in
2017, raised $42 million in a Series B round last June.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 06, 2021 11:34 ET (16:34 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Salesforce (NYSE:CRM)
Historical Stock Chart
From Feb 2024 to Mar 2024
Salesforce (NYSE:CRM)
Historical Stock Chart
From Mar 2023 to Mar 2024