Varada
Company

Last deal

$12M

Amount

Series A

Stage

15.09.2020

Date

2

all rounds

$19.5M

Total amount

General

About Company
Varada is a data platform that enables data architects to accelerate and optimize workloads using dynamic analysis and adaptive indexing.

Industry

Sector :

Subsector :

Also Known As

Expandb Technologies

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The platform uses optimal system architecture and cost-effective pricing along with flash and NVMe technologies, enabling clients to get usability, performance, and cost-effectiveness for the majority of analytical use-cases. Varada enables data teams to seamlessly accelerate analytics directly on their cloud data lake, without the need to move data or model it in advance. The platform is 10x-100x faster than any other data lake query engine, and indexing is adaptive to the type of data. Varada’s engine knows automatically which data to index based on a smart observability layer that continuously monitors demand.
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