Top Executive: Eldad Farkash, Co-Founder, CEO
Firebolt develops a cloud data warehouse with which the startup is boldly competing against such giants as Snowflake and AWS Redshift (while running on AWS, no less). The company touts the speed at scale, ease of use and more affordable operating model of its technology.
Firebolt’s system was designed to decouple storage and compute, which the company says allows for granular elasticity and scalability in a shared-nothing architecture—while relying on S3 shared storage. System performance also gets a boost from the ability to query semi-structured data using standard SQL, without complicated ETL (extract, transform and load) practices, and faster data updates with the Firebolt File Format.
Firebolt, based in Tel Aviv, Israel, was founded in 2019 by Sisense veterans Eldad Farkash and Saar Bitner. The company raised $127 million in Series A financing in June, capital the startup will apply to accelerate product development.