Databricks

Valuation $38B

About Databricks

Databricks is an AI cloud data platform that interacts with corporate information stored in the public cloud.
Headquarters Databricks, San Francisco
Founded 2013-01-01
Industry Analytics, Artificial Intelligence (AI), Information Technology, Machine Learning
Last Funding Type Series J
Valuation 38
Total Funding $14.00 billion dollars
IPO Status Private

Financial

Databricks reported an annualized revenue of $2.4 billion at the midway point of the year, indicating a growth rate of over 60%.
Databricks has announced the acquisition of Tabular, a data management startup, for over $1 billion. This move aims to enhance interoperability between Delta Lake and Apache Iceberg, and strengthen Databricks' position in the AI and data management market. Additionally, Databricks has launched new products, including Databricks AI/BI and LakeFlow, to streamline business intelligence and data pipeline tasks.
Funding Rounds 13
Number of Lead Investors 12
Total Funding Amount  $14.00 billion dollars
Number of Investors 63

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