Databricks a 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 is in talks to raise at least $5 billion from investors that would value the company at $55 billion. Previously, Databricks raised $500 million at a $43 billion valuation. It's backed by Nvidia, Capital One, Andreessen Horowitz, Baillie Gifford, Fidelity, Insight Partners, Tiger Global, and others.
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. The company’s continued success underscores its pivotal role in shaping the future of AI-powered cloud platforms.
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