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Firebolt, a data warehouse startup, raises $100M at a $1.4B valuation for faster, cheaper analytics on large data sets

TechCrunch

Israeli startup Firebolt has been taking on Google’s BigQuery, Snowflake and others with a cloud data warehouse solution that it claims can run analytics on large datasets cheaper and faster than its competitors. Firebolt cites analysts that estimate the global cloud analytics market will be worth some $65 billion by 2025.

Analytics 218
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Starburst acquires data lake analytics accelerator Varada to challenge Snowflake

TechCrunch

Starburst , the well-funded data warehouse analytics service and data query engine based on the open-source Trino project, today announced that it has acquired Varada , a Tel Aviv-based startup that focuses on data lake analytics.

Analytics 218
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Sightfull, a startup that tracks key business activities, raises $18M

TechCrunch

In late 2020, developers Noam Liran and Alex Litvak were inspired to create a platform that applied automation concepts from security to the business analytics space. Sightfull falls into the category of software startups known as revenue operations and intelligence (RO&I), which has been red-hot lately.

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11 ways to ensure IT-business alignment

CIO

Recognize IT and business are inseparable IT and business strategies are now fully intertwined, observes Jay Upchurch, EVP and CIO at analytics vendor SAS. There’s no good business strategy without an IT strategy supporting it, and there’s no good IT strategy that isn’t aligned to business strategy,” he says.

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Piramal CTO Saurabh Mittal on financial services innovation

CIO

The 36,000-square-foot innovation hub will be led by the company’s CTO, Saurabh Mittal, and Markandey Upadhyay, head of business intelligence unit for Piramal. CIO.com caught up with Mittal to know more about his plans for the innovation lab, as well as the technology strategy for the financial services company.

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Tinybird turns raw data into realtime API at scale

TechCrunch

Over the past few years, analytics and business intelligence products have really changed the way we interact with data. Customers can use it to provide in-product analytics. The company ingests data at scale, lets you transform it using SQL and then exposes that data through API endpoints.

Data 216
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Spice AI wants to help developers build smarter applications

TechCrunch

That’s obviously not a huge round, but the investors will likely make you perk up a bit: Madrona Venture Group, Picus Capital, TA Ventures and angels like GitHub CEO Nat Friedman and Microsoft Azure CTO Mark Russinovich. After all, there’s a plethora of startups out there that want to democratize AI.