Announced
Financials
Tags
Completed
Single Bidder
Friendly
Venture Capital
Acquisition
Minority
IT Services: Other
information technology services
United States
Domestic
Private
Private Equity
Synopsis
Alkeon Capital led a $250m Series D round in Starburst Data, the analytics anywhere company, with participation from Altimeter and B Capital Group. "Every organization has a top-down mandate to take more data-driven actions, but increases in data volumes have forced organizations to move, misplace and mismanage data, creating blind spots that can negatively impact decision-making. Starburst streamlines data access and analytics across silos, clouds and business lines, enabling organizations to become truly data driven. Today's financing is a reflection of our continued growth and 'workhorse' mentality, from achieving profitability in our first two years of operation to tripling customer adoption in the past 12 months," Justin Borgman, Starburst CEO.
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