Big Data: Varada Raises $12 Million to Revolutionize Data Virtualization  Crowdfund Insider. : Varada, an Israel based data virtualization platform, has raised a $12 million Series A round of funding led by MizMaa Ventures with participation by Gefen Capital. The round also included participation from existing investors Lightspeed, StageOne Ventures and F2 Venture Capital who contributed in early 2019 to a $7.5 million seed round, according to a release. Varada is said to be seeking to establish a new standard for accelerating big data workloads while optimizing control over performance and cost.