Voltron Data, the company accelerating standards in data analytics and corporate contributor to Apache Arrow, launched with an oversubscribed $88 million Series A funding round, enabling the company, currently at 100 employees, to expand Arrow-native computing and double its globally distributed and diverse team, primarily in engineering and go-to-market. This funding round follows a $22 million seed round.
The A round was led by Walden Catalyst with participation from funds and accounts managed by BlackRock, Anthos Capital, Battery, Coatue, GV, Lightspeed Venture Partners, Nepenthe Capital, Redline, and The Factory.
“Voltron Data is focused on making the data science ecosystem more efficient with modular and composable analytics building blocks. Modularity and composability help us build bridges—not walls—across the analytic ecosystem. We couldn’t be more excited to be on this journey with an amazing team, leading investors and proven advisors,” said Josh Patterson, co-founder and CEO of Voltron Data.
Voltron Data is one of the most significant contributors to Apache Arrow. Arrow is a multi-language toolbox for accelerated data interchange and in-memory computing.
It has become the de facto standard for seamless interoperability between computing engines, modern computing hardware, and programming languages. Arrow has been adopted globally by companies including AWS, Databricks, Google, Meta, Microsoft, Netflix and Snowflake to accelerate data access and analytical processing.
Voltron Data is committed to developing open source standards for data, unlocking the untapped potential in the data analytics industry. Through these standards, customers can interchange and process massive datasets between the applications and tools they already use and love, according to the vendor.
For more information about this news, visit https://voltrondata.com.