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The 10 Hottest Big Data Startups Of 2021 (So Far)
Rick Whiting
Businesses are looking to next-generation databases, data management tools and big data analytics software to help them leverage huge volumes to gain a competitive edge. Here’s a look at 10 hot startups developing leading-edge technologies that help solution providers and customers meet their big data challenges.
Varada
Top Executive: Eran Vanounou, CEO
Headquarters: Tel Aviv, Israel
Varada develops data lake query acceleration software that’s designed to help businesses and organizations get more value out of their data lakes – huge stores of unorganized data. The key is the company’s autonomous indexing technology that leverages machine learning capabilities to dynamically accelerate queries.
Varada was founded in 2017 and the company’s Varada Data Platform became generally available in December 2020.
In May, Varada unveiled the addition of interactive text analytics to its system, integrated with the open-source Apache Lucerne search engine. The company said the new functionality works directly with data lakes to assist consumers of SQL data. The company also recently enhanced the platform to help cybersecurity teams analyze data lake stores for threat detection purposes.
