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Varada

The new standard for data virtualization: zero data-ops approach to interactive queries on your data lake.

Founded 2017 United States San Jose, United States 12 employees Series A Total: $19.50M Analytics, Big Data +2

General Information

Company Name Varada
Founded Year 2017
Location United States San Jose, United States
Employees 12
Industries Analytics, Big Data, Cloud Infrastructure +1
Funding Stage Series A
Social

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About Varada

Varada, founded in 2017 and headquartered in the United States, offers a cutting-edge solution for data virtualization, positioning itself as "The new standard for data virtualization: zero data-ops approach to interactive queries on your data lake." The company's recent accomplishment includes a significant $12.00M Series A investment on 15 September 2020 from a consortium of prominent investors including Lightspeed Venture Partners, StageOne Ventures, Gefen Capital, MizMaa Ventures, and F2 Capital. Varada's disruptive technology aims to revolutionize data analytics by enabling data teams to accelerate queries directly on their cloud data lake without data movement or modeling. Utilizing a dynamic and adaptive indexing technology, Varada boasts impressive query speeds, claiming to be 10x-100x faster than any other data lake query engine. Additionally, the platform offers the flexibility for administrators to assign budgets and priorities to different query sets, thus controlling expenses and reducing total cost of ownership by 40%-60%. In essence, Varada's approach not only offers unparalleled query performance but also addresses cost concerns, making it an attractive prospect for organizations seeking to supercharge their data analytics capabilities. With its recent funding injection and innovative solution in the Analytics, Big Data, Cloud Infrastructure, and SaaS sectors, Varada is poised to make a significant impact in the data analytics market.

Business keywords: Data Virtualization, Cloud Data Lake, Data Platform, SQL Queries, Performance Optimization, Adaptive Indexing, Cost Reduction, Data Architecture, ETL, Data Warehousing

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Series A $12.00M 5
Lightspeed Venture Partners, StageOne Ventures +3
15 Sep 2020
Seed Round $7.50M 3
Lightspeed Venture Partners, StageOne Ventures +1
23 Jan 2019

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FAQ About Varada

The new standard for data virtualization: zero data-ops approach to interactive queries on your data lake.
Varada was founded in 2017.
Varada is headquartered in San Jose, United States.
Varada operates in Analytics, Big Data, Cloud Infrastructure and SaaS. Its work centres on Data Virtualization, Cloud Data Lake, Data Platform and SQL Queries.
Varada has approximately 12 employees.
Varada has completed 2 funding rounds, raising a total of $19.50M. The latest funding stage is Series A.
Top alternatives and competitors to Varada include Starburst, PeerDB (YC S23), Holistics Data, DataForge, arelium GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Varada and Starburst are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Varada, https://www.bouncewatch.com/company/varada, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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