Databricks is an AI cloud data platform that seamlessly interacts with corporate information stored in public clouds, providing a unified solution for analytics, machine learning, and data engineering. The platform offers organizations a unified data analytics workspace, enabling them to process and analyze their data at scale. Its hallmark lies in simplifying the collaboration between data scientists, engineers, and analysts, facilitating faster decision-making and innovation.
Databricks has raised $10 billion in a Series J funding round, valuing the company at $62 billion. This new round was led by Thrive Capital, with participation from Andreessen Horowitz, DST Global, and others, while new investors included ICONIQ Growth and Wellington Management.
Databricks, San Francisco, California, United States, was founded in 2013 by Ali Ghodsi, Andy Konwinski, Ion Stoica, Patrick Wendell, Reynold Xin, Matei Zaharia, and Arsalan Tavakoli. In 2019, the company joined the unicorn club. Databricks serves clients worldwide through cloud platforms like AWS, Microsoft Azure, and Google Cloud Platform, enabling solutions across regions such as the Americas, Europe, and the Asia-Pacific. “We were substantially oversubscribed with this round and are thrilled to welcome world-class investors who share our vision,” said Ali Ghodsi, co-founder and CEO of Databricks. “These are still the early days of AI, and we’re committed to helping companies across industries unlock the potential of data intelligence.”
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