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10 Cool Tech Startups That Raised Funding In June 2020

Big-data and security innovators were among the startups that hauled in funding rounds in June.

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Starburst Data

Headquarters: Boston

CEO: Justin Borgman

Funding: $42 million, Series B

Investors: Coatue (led the round), Index Ventures

What Starburst Data does: Offers a free distribution of the open-source Presto distributed SQL query engine, and also markets Starburst Enterprise Presto, a commercial edition with added management capabilities, security, pre-built connectors to data sources and support services

CEO Quote: “Companies are tired of technology investments that don’t deliver. In the data management world, technologies are often too expensive, lock in data, and don’t deliver on the speed companies need to make better business decisions. We’re at a moment in time where companies need to act quickly on data, while lowering technology costs wherever they can. As an open source analytics company, Starburst is well-positioned to help them do both.”

 
 
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