Voltron Data, one of the significant contributors to Apache Arrow, launched with an oversubscribed $88 million Series A funding round following a $22 million seed round. The A round was led by Walden Catalyst with participation from funds and accounts managed by BlackRock, Anthos Capital, Battery, Coatue, GV, Lightspeed Venture Partners, Nepenthe Capital, Redline and The Factory.
The company, currently at 100 employees, plans to expand Arrow-native computing and double its globally distributed and diverse team, primarily in engineering and go-to-market.
Arrow is a multi-language toolbox for accelerated data interchange and in-memory computing. It has become the de facto standard for seamless interoperability between computing engines, modern computing hardware and programming languages. Arrow has been adopted globally by companies including AWS, Databricks, Google, Meta, Microsoft, Netflix and Snowflake to accelerate data access and analytical processing.
Voltron Data aims to develop open source standards for data, unlocking the untapped potential in the data analytics industry.