Starburst Closes Record FY25, Fueled by Rising AI Demand and Growing Enterprise Momentum

BOSTON, Feb. 20, 2025 — Starburst has announced a record FY25 close, driven by strong demand from enterprise customers.

Starburst achieved high global sales, with significant growth in North America and EMEA, reinforcing its expanding market presence. Adoption of Starburst Galaxy, its flagship cloud product, rose 94% year-over-year, reflecting growing interest in open, hybrid data lakehouse solutions.

The company also secured its largest deal to date, signing a multi-year, eight-figure annual contract with a global financial institution. Additionally, average annual recurring revenue (ARR) per customer exceeded $325,000, demonstrating deeper enterprise adoption. Starburst now counts 10 of the top 15 global banks among its customers, further cementing its leadership in the financial sector.

The company’s position in the AI and data infrastructure space was further strengthened through a strategic collaboration with Dell Technologies, which selected Starburst as the analytics query engine powering the Dell Data Lakehouse, a key component of Dell’s AI Factory go-to-market strategy.

“Enterprises and governments worldwide have embraced our open, hybrid data lakehouse as a key enabler for their AI initiatives,” said Justin Borgman, Co-Founder and CEO of Starburst. “There is no AI without data. Starburst empowers organizations to secure, govern and provide compliant data access by the LLMs for RAG or agentic workflows – whether on-premises or in the cloud – unlocking AI-ready application development and deployment at scale.”

Customers around the world are partnering with Starburst to accelerate their AI journey.

An American multinational investment bank and financial services company 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.

Vectra AI, a leader in threat detection and response across more than 120 countries, serves thousands of customers. The Company’s 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’s AI strategy reflects our deep partnership with customers,” said Steven Chung, President of Starburst. “These enterprises are aggressively driving AI adoption, and we’re excited to join them on this journey.”

About Starburst

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.

Source: Starburst