Add-on Acquisition • Software

Starburst Acquires Varada

On June 23, 2022, Starburst acquired software company Varada

Acquisition Context

This is Starburst’s 1st transaction in the Software sector.
This is Starburst’s 1st transaction in Israel.

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M&A Deal Summary
Date	June 23, 2022
Target	Varada
Sector	Software
Buyer(s)	Starburst
Deal Type	Add-on Acquisition

Target Company

Varada

Ramat Gan, Israel

Varada is a data lake analytics accelerator with a mission to enable data practitioners to go beyond the traditional limitations imposed by data infrastructure and instead zero in on the data and answers they need with complete control over performance, cost, and flexibility. Varada was formed in 2017 and is based in Ramat Gan, Israel.

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Buyer Overview 1

Buyer

Starburst

Boston, Massachusetts, United States

Category	Company
Founded	2017
Sector	Software

DESCRIPTION

Starburst is the analytics engine that provides the most efficient analytics engine for data warehouse, data lake, or data mesh. The company unlocks the value of distributed data by making it fast and easy to access, no matter where it lives. Starburst queries data across any database, making it instantly actionable for data-driven organizations. It lowers the total cost of their infrastructure and analytics investments, prevents vendor lock-in, and uses the existing tools that work for their business. Starburst was founded in 2017 and is based in Boston, Massachusetts.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Israel	1 of 1
Year: 2022	1 of 1

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