Data virtualization service Varada raises $12M – TechCrunch
“If you look at the storage aspect for big data, there’s always innovation, but we can put a lot of data in one place,” Varada CEO and co-founder Eran Vanounou told me. It’s complicated.”That’s a lesson he learned during his time as CTO of LivePerson, which he described as a classic big data company. They built the system for indexing big data that’s at the core of Varada’s platform (with the open-source Presto SQL query engine being one of the other cornerstones). Essentially, Varada embraces the idea of data lakes and enriches that with its indexing capabilities. The Varada team is not afraid to compare itself to Snowflake, which at least at first glance seems to make similar promises.