Starburst

AngioDynamics Reports Fiscal Year 2024 Third Quarter Financial Results; Updates Fiscal Year 2024 Guidance to Reflect Asset Divestiture

Retrieved on: 
Thursday, April 4, 2024

Net sales for the third quarter of fiscal year 2024 were $66.0 million, an increase of 8.0% compared to the prior-year quarter.

Key Points: 
  • Net sales for the third quarter of fiscal year 2024 were $66.0 million, an increase of 8.0% compared to the prior-year quarter.
  • U.S. net sales in the third quarter of fiscal 2024 were $55.8 million, an increase of 5.9% from sales of $52.7 million a year ago.
  • GAAP reported gross margin was 47.7%, a decrease of 250 basis points compared to the third quarter of fiscal 2023.
  • On a pro forma basis, gross margin for the third quarter of fiscal 2024 was 51.1%, a decline of 290 basis points from the third quarter of fiscal 2023.

TECHNOLOGY VETERANS JOIN STARBURST TO TRANSFORM THE DATA WAREHOUSE INDUSTRY

Retrieved on: 
Wednesday, March 27, 2024

"For decades, enterprises and governments around the world have endured the costs and constraints of traditional data warehouses.

Key Points: 
  • "For decades, enterprises and governments around the world have endured the costs and constraints of traditional data warehouses.
  • Starburst's open lakehouse platform offers an alternative that delivers unprecedented flexibility, speed, and price-performance," said Justin Borgman, Cofounder and CEO of Starburst.
  • "Steven, Tobias, and Adam have joined our team inspired by our vision to help organizations unlock greater business value from their data through the Starburst Lakehouse platform."
  • Prior to Starburst, Steven Chung served as President at Delphix, an enterprise data company, helping the business to grow profitably resulting in a strategic acquisition.

TECHNOLOGY VETERANS JOIN STARBURST TO TRANSFORM THE DATA WAREHOUSE INDUSTRY

Retrieved on: 
Wednesday, March 27, 2024

"For decades, enterprises and governments around the world have endured the costs and constraints of traditional data warehouses.

Key Points: 
  • "For decades, enterprises and governments around the world have endured the costs and constraints of traditional data warehouses.
  • Starburst's open lakehouse platform offers an alternative that delivers unprecedented flexibility, speed, and price-performance," said Justin Borgman, Cofounder and CEO of Starburst.
  • "Steven, Tobias, and Adam have joined our team inspired by our vision to help organizations unlock greater business value from their data through the Starburst Lakehouse platform."
  • Prior to Starburst, Steven Chung served as President at Delphix, an enterprise data company, helping the business to grow profitably resulting in a strategic acquisition.

Superlinked Raises $9.5 Million Seed From Index Ventures and Theory Ventures to Fill the Gap Between Data and Vector Databases

Retrieved on: 
Monday, March 18, 2024

SAN FRANCISCO, March 18, 2024 /PRNewswire-PRWeb/ -- Superlinked, the solution for turning complex data into vector embeddings, today announced it has received $9.5 million in seed funding. The round was led by Index Ventures, with significant contribution from Theory Ventures. 20Sales, Firestreak and several prominent tech executives also participated. News of the funding comes as Superlinked launches a private alpha of its product and closes enterprise customer contracts to make data accessible for ML systems in information retrieval and feature engineering. The fresh capital will be used to further scale to meet market demand and expand product capabilities, building on Superlinked's technology that makes structured and unstructured data ML-compatible, and therefore useful, for creating new solutions and deriving additional value from data on top of vectors.

Key Points: 
  • SAN FRANCISCO, March 18, 2024 /PRNewswire-PRWeb/ -- Superlinked , the solution for turning complex data into vector embeddings, today announced it has received $9.5 million in seed funding.
  • The round was led by Index Ventures , with significant contribution from Theory Ventures .
  • "We work in tandem with vector databases to put vectors at the center of enterprise data and compute infrastructure, democratizing the power that was once exclusive to a handful of tech giants."
  • "We're very bullish on the future of vector databases, but a significant gap remains in the market.

Spring Into Vibrant Deals and Seasonal Treats at 7-Eleven, Inc.

Retrieved on: 
Thursday, March 14, 2024

IRVING, Texas, March 14, 2024 /PRNewswire/ -- 7-Eleven, Inc. is ushering in the spring season with new limited-time flavors and discounts on customer-favorite items. Enjoy longer days and warmer temperatures with your favorite snacks and drinks from 7-Eleven®, Speedway® and Stripes® stores.

Key Points: 
  • Enjoy longer days and warmer temperatures with your favorite snacks and drinks from 7-Eleven® , Speedway® and Stripes® stores.
  • 7-Eleven is introducing a limited-time donut in celebration of St. Paddy's Day, available through March 17.
  • New 7Collection™ Drop: 7-Eleven's proprietary merch shop will also join in the fun dropping the first new capsule of 2024.
  • **
    Rain or shine, customers can have their treats and snacks delivered directly to their door via the 7NOW® Delivery app.

Redpanda Cloud Adds Support for AWS Graviton to Improve Data Streaming Cost-Efficiency up to 50%

Retrieved on: 
Monday, November 27, 2023

LAS VEGAS, Nev., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Streaming data pioneer Redpanda announced today at AWS re:Invent 2023 a number of advanced new capabilities for Redpanda Cloud, the company’s powerful and easy-to-use streaming data service.

Key Points: 
  • LAS VEGAS, Nev., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Streaming data pioneer Redpanda announced today at AWS re:Invent 2023 a number of advanced new capabilities for Redpanda Cloud, the company’s powerful and easy-to-use streaming data service.
  • The latest Redpanda Cloud update also brings a managed Apache Iceberg connector for easier data lake integration, and a simple user interface for schema registry management.
  • Redpanda’s industry-first Bring Your Own Cloud (BYOC) deployment option solves the challenges of data sovereignty in the cloud.
  • These efficiencies extend cost-savings previously available with Redpanda BYOC and unlock a broad range of new streaming data use cases in the cloud.

Dell Technologies Storage Advancements Accelerate AI and Generative AI Strategies

Retrieved on: 
Thursday, December 7, 2023

Dell PowerScale OneFS software updates improve AI modeling capabilities for data preparation, training, fine-tuning and inferencing

Key Points: 
  • Dell PowerScale OneFS software updates improve AI modeling capabilities for data preparation, training, fine-tuning and inferencing
    Dell PowerScale is expected to be the first ethernet storage solution validated on NVIDIA DGX SuperPOD, which will give customers increased flexibility, speed and ease for AI storage
    Dell Technologies (NYSE: DELL) is helping customers achieve faster AI and generative AI (GenAI) performance with new enterprise data storage advancements and validation with the NVIDIA DGX SuperPOD AI infrastructure.
  • "Storage performance is a critical factor for successful AI and generative AI outcomes," said Arthur Lewis, president, Infrastructure Solutions Group, Dell Technologies.
  • New advancements from Dell PowerScale, the world's most flexible,1 secure2 and efficient3 scale-out file storage system, address increasing customer demands for higher AI and GenAI performance.
  • "Thanks to Dell PowerScale, we're equipped to leverage cutting-edge AI applications, combining high-performance storage with computing capabilities to create a winning formula for success."

Starburst Expands Support for Building Interactive Applications on the Data Lake

Retrieved on: 
Tuesday, November 28, 2023

BOSTON, Nov. 28, 2023 /PRNewswire/ -- Starburst, the data lake analytics platform, today at AWS re:Invent 2023 announced new capabilities that enable organizations to build and scale game-changing data applications without compromising on performance or cost. With the increasing interest in building artificial intelligence (AI)-driven data applications, customers need to establish a solid data platform. New features in Starburst Galaxy help customers simplify development on the data lake by unifying data ingestion, data governance, and data sharing on a single platform.

Key Points: 
  • With the increasing interest in building artificial intelligence (AI)-driven data applications, customers need to establish a solid data platform.
  • New features in Starburst Galaxy help customers simplify development on the data lake by unifying data ingestion, data governance, and data sharing on a single platform.
  • Interactive applications oftentimes require the scalability and cost-efficiency of a data lake, but building and maintaining that data lake is complex and time-consuming for data teams.
  • Automated data maintenance: New automations make it easy for customers to optimize their data lake by abstracting away common management tasks like data compaction and data vacuuming.

Starburst Expands Support for Building Interactive Applications on the Data Lake

Retrieved on: 
Tuesday, November 28, 2023

BOSTON, Nov. 28, 2023 /PRNewswire/ -- Starburst, the data lake analytics platform, today at AWS re:Invent 2023 announced new capabilities that enable organizations to build and scale game-changing data applications without compromising on performance or cost. With the increasing interest in building artificial intelligence (AI)-driven data applications, customers need to establish a solid data platform. New features in Starburst Galaxy help customers simplify development on the data lake by unifying data ingestion, data governance, and data sharing on a single platform.

Key Points: 
  • With the increasing interest in building artificial intelligence (AI)-driven data applications, customers need to establish a solid data platform.
  • New features in Starburst Galaxy help customers simplify development on the data lake by unifying data ingestion, data governance, and data sharing on a single platform.
  • Interactive applications oftentimes require the scalability and cost-efficiency of a data lake, but building and maintaining that data lake is complex and time-consuming for data teams.
  • Automated data maintenance: New automations make it easy for customers to optimize their data lake by abstracting away common management tasks like data compaction and data vacuuming.

Immuta Enhances Integration with Starburst to Meet Growing Data Mesh Demands

Retrieved on: 
Thursday, October 12, 2023

LONDON, Oct. 12, 2023 /PRNewswire/ -- Immuta, a data security leader, today announced its latest enhancements to its integration with Starburst, the analytics anywhere company, offering more seamless operability between the two platforms to help joint customers meet increasing data mesh security and access demands. This update comes as Immuta continues to see strong customer adoption with Starburst users, including leading organizations like ADP and Thomson Reuters.

Key Points: 
  • However, the decentralized nature of a data mesh presents challenges in maintaining consistent data access control and policy enforcement, especially as organizations scale up.
  • "From the onset of our partnership with Starburst, our focus has been addressing the growing data access control and security demands for modern data architectures, particularly as more organizations adopt data mesh architectures," said Matthew Carroll, CEO, Immuta.
  • "With these enhancements, we're empowering our customers to maximize the power and flexibility of data mesh  with fast, secure data access, while continuing to enhance our integration to seamlessly meet evolving customer demands."
  • With Immuta's powerful data security capabilities, Starburst users can now access data from across their respective domains while still upholding tight data security controls.