Israeli startup Varada, which develops data lake analytics solutions, is being acquired by U.S. company Varada. The companies did not reveal the size of the deal, but Calcalist has learned that it is estimated to be in the region of $60 million and includes both stock and cash. Starburst, which develops an analytics engine for data, raised a $250 million Series D funding round at a $3.35 billion valuation in February of this year. The two companies announced a partnership in March 2021, which ultimately led to the acquisition.

https://www.calcalistech.com/ctechnews/article/rjgahpbq9

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