- Acquired by Starburst, Jun 2022
- Raised $12M funding round led by MizMaa Ventures, Sep 2020
- Raised $7.5M funding round, Jan 2019
About
Varada aims 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, all while retaining complete control over performance, cost, and flexibility. Varadas adaptive and autonomous indexing technology leverages machine learning capabilities to dynamically accelerate queries to meet evolving business requirements. Varada indexes data directly from the data lake across any columns. Based on the data type, structure, and distribution, Varada automatically creates an optimal index from a set of indexing algorithms, including text-optimized search and index (based on Apache Lucene) and bitmap, dictionary, trees, etc. Its indexes also adapt to changes in data over time, which is critical for effective anomaly detection across vast datasets. Varada was named a cool vendor in Cool Vendors in Data Management, 2020 by the Gartner Research Group.
Funding history · 3 rounds · $22.0M total
Q&A
- What is Varada's primary business?
- Varada provides autonomous data indexing technology that enables data practitioners to accelerate queries directly from data lakes using machine learning capabilities.
- When was Varada founded?
- Varada was founded in February 2017.
- What was Varada's last funding round?
- In September 2020, Varada raised $12,000,000. MizMaa Ventures was a lead investor in this round.
- How much total funding has Varada raised?
- Varada has raised a total of $22,000,000 across its funding rounds.
- Which investors participated in Varada's January 2019 funding round?
- In January 2019, StageOne Ventures and Lightspeed Venture Partners participated in a funding round for Varada.
- What is Varada's current status?
- Varada is currently active but was acquired by Starburst in June 2022.
- What recognition did Varada receive in 2020?
- Varada was named a "Cool Vendor" in Data Management, 2020 by the Gartner Research Group.
Team · 3
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/18056868 | |
| YouTube | youtube.com/channel/UCVySRhfngyEWvF1w8vomH5A |
Identifiers & details
| Former names | EXPANDB TECHNOLOGIES |
|---|---|
| Founded | 2017-2 |
| Employees (exact) | 12 |
| Status reason | Acquired (Inactive) by Starburst on Jun 2022 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Starburst 2022-06
Radar intelligence
Patents
| EPO | 22 |
|---|
Publications (Crossref)
| Works | 1 |
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