With the global mindset that “data is the new oil”, everyone is busy gathering as much data as they can. But are we really properly using this data?
If it took Google a few minutes (or hours) to get your search results, would you still use it? The thing is, slow user experiences make us stop using products. As a business, our ability to extract insights out of our data is what makes us live or die. But when every query returns painfully slow results, we simply don’t ask as many questions.
We’re here to enable business users to ask any question and get results, instantly. With Firebolt’s data warehouse as a service we offer business users extreme speed at any scale, enabling them to ask many more questions. And then some more. Until they discover something truly amazing.
Many people ask us - is there magic involved in your technology? So yes, there’s real magic here and it’s driven by our product and engineering wizards.
Firebolt is based on the latest developments and research in the field of big data analytics. This enabled us to create the world’s most powerful cloud data warehouse and offer it as a service. Mix that up with a relentless pursuit for a superb product design and you have a platform that is slick, easy to use and gets the job done faster than anything else out there.
As much as we love great engineering, at the end of the day, it’s all about the people. We are first and foremost customer driven (even before being data driven) and are obsessed with providing the best overall experience for our customers.
Our customers, partners and of course our team serve as our compass on the path to data glory. We are here to change the way the world consumes data and we’re determined to do it while having a blast! :)
Eldad Farkash is a serial entrepreneur, investor and big data thought leader. Prior to Firebolt, he founded Sisense Inc, a high growth analytics unicorn, was sitting on its board of directors and served as its CTO for 14 years. Eldad is a World Technology Awards fellow, and won the award in 2013 for his In-Chip technology invention.
Saar Bitner is an entrepreneur and executive with a keen understanding of analytics and big data, and more than a decade of marketing, sales, and product management experience. Prior to Firebolt, Saar was the GM at Sisense, a high growth analytics unicorn, and held multiple senior management roles in leading tech companies.
Mosha Pasumansky is an experienced engineer with a passion for data processing, analytics and distributed systems. Prior to Firebolt he built OLAP systems in Microsoft SQL Server, co-invented MDX query language and contributed to Bing's distributed storage and processing. As Principal Engineer at Google, he worked on all aspects of BigQuery turning it into Google Cloud's crown jewel.
A software engineer turned to the bright side of tech – Asaph is an entrepreneur who held a wide range of marketing leadership roles. Prior to Firebolt, Asaph was one of the first team members at Checkmarx, Israel’s fastest growing cyber security company where he led the marketing team and helped grow the company’s revenue X85.
Gali has over 20 years of experience in a variety of technology leadership roles. Prior to Firebolt, she served as the Chief Customer Officer (CCO) at Sisense with responsibility over customer relationships and growth, totaling $150M and 200+ employees globally. Prior to that, she led strategic partnerships at AOL and the online threats managed services at RSA. Gali truly is customer obsessed and will be responsible for ensuring Firebolt's customers are successful with unlocking their most challenging data use cases.
Izik is an accomplished engineering manager with over 10 years of experience. Prior to Firebolt, Izik led the data team at Bitmain, where he handled real-time data recording and analytics. Izik was also a senior engineer at Jethro Data and was in charge of building high performance databases.
Itay is an Israeli CPA and holds a BA in Accounting and Economics from Tel Aviv University and an MA in Law from Bar Ilan University. Itay has over 20 years of financial leadership experience within Technology companies. Most recently, Itay was the CFO of Morphisec an Endpoint Cyber security company.
Igor brings 15+ years of product management experience to Firebolt. At Firebolt, Igor oversees everything related to product management, from product design to documentation. Before joining Firebolt, Igor spent more than 12 years at Microsoft, where he played a pivotal role in developing and launching multiple database management systems designed for large-scale data warehousing. In his most recent position, Igor led the product management function for the SQL data warehousing offering within the Azure Synapse umbrella. During his tenure, Igor was responsible for shaping the product strategy and successfully grew Synapse SQL revenue to over $400 million in annual run rate.
Subha oversees critical functions that instill Firebolt’s culture, contribute to the company’s overall performance, and advance Firebolt’s purpose. As the head of the People Organization, Subha leads an ecosystem that comprises Strategic People Partners, People Operations, Talent Acquisition, Global Employee Experience, Workplace Benefits and Resources. As an industry veteran, Subha’s career reflects achievements in executive and management roles with major disruptors in the database world such as Redis and Yugabyte. She brings vast experience supporting rapid growth and leading change within global startups.
Firebolt, an Israeli cloud data warehouse, said on Wednesday it raised $100 million in a private funding round that brings its valuation to $1.4 billion a year after emerging from stealth mode.
"Israeli startup Firebolt has been taking on Google’s BigQuery, Snowflake and others with a cloud data warehouse solution that it claims can run analytics on large data sets cheaper and faster than its competitors. Now, it is announcing a big round of funding to fuel its big data growth: Firebolt has raised $100 million in a Series C round on a $1.4 billion valuation. It plans to use the money to continue investing in its technology stack, to step up with more business development and to hire more talent for its team, to meet what it believes are changing tides in the world of data warehousing."
“The digital transformation we’re experiencing in every part of our lives due to COVID-19 has translated into very significant data growth rates for businesses. [T]hey’re already on the lookout for solutions that can support [this] growth,” Farkash said. “Being a software-as-a-service platform, Firebolt eliminates many of the [associated] labor-intensive tasks and delivers ‘superpowers’ to the data and engineering teams … The capabilities we’ll be working on [in the future] will enable connectivity with other technologies in the modern data stack, so Firebolt can become more of a plug and play option for technology companies. We [also plan to] continue to invest in making Firebolt even more efficient and developer-friendly.”
Firebolt needed just three weeks to raise $100 million in a round that launched the cloud data warehouse into the unicorn stratosphere. A so-called unicorn refers to a start-up with a valuation of $1 billion or more. Founded in 2019, Firebolt is aiming to build a cloud data warehouse that is faster and cheaper than its competitors. Rivals include Alphabet’s (ticker: GOOGL) Google, Amazon.com (AMZN), and Microsoft (MSFT). The Series C valued Firebolt at $1.4 billion, according to a statement.