Databricks

Databricks

A company offering an analytics platform for business, data science, and data engineering. It was founded in 2013 and is located in San Francisco, California.

Databricks is a company offering an analytics platform for business, data science, and data engineering that is headquartered in San Francisco, California and was founded by Ali Ghodsi, Andy Konwinski, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, and Scott Shenker.

The Databricks platform can be used for auto machine learning, cybersecurity analytics, deep learning, internet of things, general data protection regulation, genomics, and machine learning, and graph processing. Industries making use of Databricks include advertising and marketing, energy and utilities, enterprise technology and software, federal government, financial services, gaming, healthcare, life sciences, media & entertainment, retail, and consumer packaged goods.

Funding
Series A

On September 25, 2013 Databricks announced that it had raised $14 million in series A funding round from Andreessen Horowitz. After their series A funding round, Databricks also announced the general partner of Andreessen Horowitz, Ben Horowitz, will become a board member of Databricks.

Series B

On June 30, 2014 Databricks announced that it has received $33 million in funding from New Enterprise Associates (lead investor), Data Collective DCVC, and Andreessen Horowitz. At the time of announcing their series B round, the company also announced the launch of their first cloud product called the Databricks Cloud. It consists of the Databricks Platform, Spark, and the Databricks workspace.

Series C

On December 15, 2016 Databricks announced raising $60 million in series C funding from New Enterprise Associates (lead investor), SineWave Ventures, and Andreessen Horowitz. The CEO and co-founder of Databricks, Ali Ghodsi, made the following statement regarding the company's series C funding:

Apache Spark has enabled countless enterprises and cutting-edge early adopters to create business value through advanced analytics solutions. As Spark’s adoption and the demand for our managed Spark platform continues to rise, this funding will advance our engineering and go-to-market strategies to address all of our customer’s pain points as we continue to grow the Spark community.
Series D

On August 22, 2019 Databricks announced raising $140 million in series D funding from Andreessen Horowitz (lead investor), New Enterprise Associates, Green Bay Ventures, Geodesic Capital, and Battery Ventures. The company has the stated intention on using their series D funding to accelerate its growth, develop its product, and grow its engineering and customer success teams.

Series E

On February 5, 2019 Databricks announced raising $250 million in series E funding from Andreessen Horowitz (lead investor), Microsoft, Green Bay Ventures, Geodesic Capital, Founders Future, Coatue Management, and Battery Ventures. The company's post-money evaluation is $2.75 billion. The co-founder of Green Bay Ventures, Anthony Schiller, made the following statement regarding his firms participation in Databrick's series E round:

What Ali and the Databricks team have built is truly phenomenal. Their success is a testament to product innovation at the highest level. Databricks is without question best-in-class and their impact on the industry proves it. We were thrilled to participate in this round.
Series F

On October 22, 2019 Databricks announced raising $400 million in series F funding from Andreessen Horowitz (lead investor), T. Rowe Price, New Enterprise Associates, Microsoft, Green Bay Ventures, Geodesic Capital, Dragoneer Investment Group, Coatue Management, and BlackRock. At the time of raising their series F funding the company had an evaluation of $6.2 billion. The firm has stated that it plans on using their series F funding to expand their customer adoption and perform research and development.

Timeline

February 17, 2021
Databricks and Google Cloud announce a new partnership that will bring to Databricks customers a deep integration with Google's BigQuery platform and Google Kubernetes Engine.
February 2021
Databricks raises a $1,000,000,044 series G round from Franklin Templeton Investments.
November 12, 2020
Databricks launches SQL Analytics to enable cloud data warehousing on data lakes.
June 24, 2020
Databricks announces that it has acquired Redash.
October 2019
Databricks raises a $400,000,000 series F round from Andreessen Horowitz, BlackRock, Coatue Management, Dragoneer Investment Group, Geodesic Capital, Green Bay Ventures, Microsoft, New Enterprise Associates, T. Rowe Price, The a16z Cultural Leadership Fund and Tiger Global Management.
February 2019
Databricks raises a $250,000,000 series E round from Andreessen Horowitz, Coatue Management, Microsoft, NEA and New Enterprise Associates.
August 11, 2017
Databricks was founded by Ali Ghodsi, Andy Konwinski, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin and Scott Shenker.
August 2017
Databricks raises a $140,000,000 series D round from Andreessen Horowitz.
December 2016
Databricks raises a $60,000,000 series C round from Andreessen Horowitz and New Enterprise Associates.
June 30, 2014
Databricks raises a $33,000,000 series B round from Andreessen Horowitz, Data Collective and New Enterprise Associates.
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Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Databricks, Inc. funding round, November 2019
400,000,000
October 2019
7 Results
Results per page:
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Acquisitions

Acquisition
Acquired company
Acquisition amount (USD)
Date announced
Acquisition of Redash by Databricks
June 26, 2020
1 Result
Results per page:
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People

Name
Role
LinkedIn

Ali Ghodsi

Co-Founder and CEO

Andy Konwinski,

Co-Founder and VP Product Management

Arsalan Tavakoli-Shiraji

Co-Founder and SVP of Field Engineering

Ion Stoica

Co-Founder and Executive Chairman

Matei Zaharia

Co-Founder and Chief Technologist

Patrick Wendell

Co-Founder and VP of Engineering

Reynold Xin

Co-Founder and Chief Architect

Further reading

Title
Author
Link
Type
Date

Databricks makes bringing data into its 'lakehouse' easier

Frederic Lardinois

Web

February 24, 2020

Databricks makes Hadoop and Apache Spark easy to use

Dan Kusnetzky

Web

July 1, 2014

Databricks raises $250M at a $2.75B valuation for its analytics platform

Frederic Lardinois

Web

February 5, 2019

Documentaries, videos and podcasts

Title
Date
Link

The Databricks Unified Data Analytics Platform

December 19, 2017

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Reza Chowdhury
March 5, 2021
AlleyWatch
The Pulse of New York Tech
Reza Chowdhury
March 3, 2021
AlleyWatch
The Pulse of New York Tech
Frederic Lardinois
February 17, 2021
TechCrunch
Databricks and Google Cloud today announced a new partnership that will bring to Databricks customers a deep integration with Google's BigQuery platform and Google Kubernetes Engine. This will allow Databricks' users to bring their data lakes and the service's analytics capabilities to Google Cloud. Databricks already features a deep integration with Microsoft Azure -- one [...]
Alex Wilhelm
February 4, 2021
TechCrunch
The recent Databricks funding round, a $1 billion investment at a $28 billion valuation, was one of the year's most notable private investments so far. For Databricks signaled its IPO readiness by disclosing to TechCrunch last year that it had scaled its revenue run rate from $200 million to $350 million in a year, so [...]
Junta Nakai, Databricks
February 4, 2021
Business Insider
Junta Nakai, an exec at $28 billion Databricks, explains why open banking is a key initiative that will have a big impact on the future of finance.
Jeff Elder
February 1, 2021
Business Insider
DataBricks CEO Ali Ghodsi said $1 billion Series G at $28 billion valuation lets it strengthen its relationship with Amazon, Microsoft, and Google.
Alex Wilhelm
February 1, 2021
TechCrunch
Another hour, another billion-dollar round. That's how February is kicking off. This time it's Databricks, which just raised $1 billion Series G at a whopping $28 billion post-money valuation. Databricks is a data-and-AI focused company that interacts with corporate information stored in the public cloud. News of the new round began leaking last week. Franklin [...]
Walter Thompson
January 29, 2021
TechCrunch
Edtech is so widespread, we already need more consumer-friendly nomenclature to describe the products, services and tools it encompasses.
Anthony Ha
January 26, 2021
TechCrunch
A popular scheduling startup raises a big funding round, Twitter makes a newsletter acquisition and Beyond Meat teams up with PepsiCo. This is your Daily Crunch for January 26, 2021. The big story: Calendly valued at $3B Calendly, which helps users schedule and confirm meeting times, has raised $350 million from OpenView Venture Partners and [...]
Alex Wilhelm
January 26, 2021
TechCrunch
This is one S-1 that we very much want to read.
SupportLogic
January 19, 2021
www.prnewswire.com:443
/PRNewswire/ -- SupportLogic, the world's first next-gen customer experience platform for customer support and service teams, has announced the appointment of...
Berber Jin
December 22, 2020
Business Insider
With a dozen IPOs coming in 2021, a handful of VCs will score most including Andreessen Horowitz, Index, GGV, Coatue
Candy Cheng and Alex Nicoll
December 21, 2020
Business Insider
Databricks salaries revealed: this is what the $6.2 billion data analytics unicorn pays its employees.
SupportLogic
December 8, 2020
www.prnewswire.com:443
/PRNewswire/ -- SupportLogic, the world's first intelligent support platform for customer support and success teams, announced today the launch of Predictive...
Mindtree
December 2, 2020
www.prnewswire.com:443
/PRNewswire/ -- Mindtree, ein führendes Unternehmen für digitale Transformation und Technologiedienstleistungen, hat heute seine Zusammenarbeit mit Databricks,...
Mindtree
December 2, 2020
www.prnewswire.com:443
/PRNewswire/ -- Mindtree, une société de services technologiques et de transformation numérique de premier plan, a annoncé aujourd'hui qu'elle s'était associée...
Mindtree
December 2, 2020
www.prnewswire.com:443
/PRNewswire/ --Mindtree , een toonaangevend bedrijf op het gebied van digitale transformatie en technologiediensten, heeft vandaag aangekondigd dat het een...
Mindtree
December 1, 2020
www.prnewswire.com:443
/PRNewswire/ -- Mindtree, a leading digital transformation and technology services company, today announced that it has partnered with Databricks, the data and...
Frederic Lardinois
November 12, 2020
TechCrunch
AI and data analytics company Databricks today announced the launch of SQL Analytics, a new service that makes it easier for data analysts to run their standard SQL queries directly on data lakes. And with that, enterprises can now easily connect their business intelligence tools like Tableau and Microsoft's Power BI to these data repositories [...]
Databricks
November 12, 2020
www.prnewswire.com:443
/PRNewswire/ -- Databricks, the data and AI company, today announced the launch of SQL Analytics, which for the first time enables data analysts to perform...
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References

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