Starburst raises $22M to modernize data analytics with Presto
0Reported today on TechCrunch
For the full article visit: https://tcrn.ch/2OqOE7s
Starburst raises $22M to modernize data analytics with Presto
Starburst, the company that's looking to monetize the open-source Presto distributed query engine, today announced that it has raised a $22 million funding round led by Index Ventures, with the firm's partner Mike Volpi joining the board. The general idea behind Presto is to allow anybody to use the standard SQL query language to run interactive queries against a vast amount of data that can sit in a variety of sources.
Like so many other open-source companies, Starburst plans to monetize Presto, which was originally developed at Facebook and open-sourced in 2013, by adding a number of enterprise-centric features on top, with the obvious focus being security features like role-based access control, as well as connectors to enterprise systems like Teradata, Snowflake and DB2, and a management console where users can configure the cluster to auto-scale, for example.
The Starburst co-founders, Justin Borgman and Matt Fuller previously sold their "SQL-on-Hadoop" company Hadapt to Teradata. After their tenure at Teradata, they decided to focus on turning Presto into an enterprise-grade service and after a few years, they succeeded in hiring Preso founders Brian Sundstrom, Martin Traverso and Dave Philips, as well.
"What makes Presto so interesting is that it allows you to do data warehouse analytics without the data warehouse," Starburst CEO Borgman told me. "What I mean by that is that you can query data anywhere. You don't have to load the data, you don't have to transform the data, and you don't have to prepare the data."
With this, an analyst can then access data anywhere, using regular SQL queries, without having to worry about the underlying infrastructure that makes it all