Starburst Data Hits $1.2 Billion Valuation as Andreessen Invests

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Starburst Data Inc., a maker of enterprise software, reached a $1.2 billion valuation after raising $100 million in a funding round led by Andreessen Horowitz.

Salesforce Ventures and existing investors Coatue and Index Ventures also participated in the round that vaults the Boston-based startup to so-called unicorn status and more than triples the $342 million valuation ascribed when it last raised capital in June.