Starburst, the data platform for apps and AI, announced a record FY25 close, driven by strong demand from enterprise customers:
- Grew net new customers by 20% and Starburst Galaxy customer growth by 76% year-over-year
- Achieved record global sales, including significant growth in North America and EMEA
- Increased adoption of Starburst Galaxy, its flagship cloud product, by 94% year-over-year
- Signed the largest deal in the company’s history – a multi-year, eight-figure contract per year, with a global financial institution
- Increased ARR per customer to over $325,000
- Customers include 10 of the top 15 global banks
- Selected by Dell Technologies to be the analytics query engine powering the Dell Data Lakehouse, the data platform for Dell’s AI Factory GTM
Customers around the world are partnering with Starburst to accelerate their AI journey.
- An American multinational investment bank and financial services company serving millions of customers in over 100 countries, leveraged Starburst to build a near real-time anti-money laundering data fabric. This solution enables faster fraud detection with AI-driven models. Starburst’s federated query access allows investigators to analyze global transaction data instantly and without data movement, ensuring compliance with strict banking regulations.
- HSBC, one of the world’s largest banks, “has been recognised for its groundbreaking use of data and AI in leading the industry trend in Hong Kong…A key initiative that contributed to HSBC’s success is the development of a virtual data lake utilising advanced data virtualisation technology powered by Starburst.”
- Vectra AI, a leader in threat detection and response across more than 120 countries, serves thousands of customers. Their platform uses AI to detect threats rapidly across public cloud, identity, SaaS applications, and data centers. Starburst’s data platform provides access to log data, accelerating queries, and network traffic monitoring, which power AI models that deliver high-fidelity threat signals, enabling security teams to respond to threats sooner and to stop attacks faster.
Starburst is the data platform for analytics, applications, and AI, unifying data across clouds and on-premises to accelerate AI innovation. Organizations—from startups to Fortune 500 enterprises in 60+ countries around the globe — customers rely on Starburst for fast data access, seamless collaboration, and enterprise-grade governance on an open data lakehouse. Wherever data lives, Starburst unlocks its full potential, powering data and AI from development to deployment. By future-proofing data architecture, Starburst helps businesses fuel innovation with AI.
Learn more at starburst.ai.
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This entry was posted on February 20, 2025 at 9:29 am and is filed under Commentary with tags Starburst. You can follow any responses to this entry through the RSS 2.0 feed.
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Starburst Closes Record FY25
Starburst, the data platform for apps and AI, announced a record FY25 close, driven by strong demand from enterprise customers:
Customers around the world are partnering with Starburst to accelerate their AI journey.
Starburst is the data platform for analytics, applications, and AI, unifying data across clouds and on-premises to accelerate AI innovation. Organizations—from startups to Fortune 500 enterprises in 60+ countries around the globe — customers rely on Starburst for fast data access, seamless collaboration, and enterprise-grade governance on an open data lakehouse. Wherever data lives, Starburst unlocks its full potential, powering data and AI from development to deployment. By future-proofing data architecture, Starburst helps businesses fuel innovation with AI.
Learn more at starburst.ai.
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This entry was posted on February 20, 2025 at 9:29 am and is filed under Commentary with tags Starburst. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.