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Headquarters: San Francisco
Headquarters: San Francisco
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1
miniming
Guest
Apr 26, 2021
7:59 PM
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Headquarters: San Francisco
Founders: Ali Ghodsi (CEO), Andy Konwinski, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, Arsalan Tavakoli-Shiraji
Funding: $1.9 billion
Valuation: $28 billion
Databricks is backed by the four cloud titans—Amazon, Google, Microsoft and Salesforce—in addition to blue-chip investors such as Andreessen Horowitz and Coatue. Built on top of the analytics engine Apache Spark (also created by its founders), the UC Berkeley-bred company combines the raw data repositories, or “data lakes” with the structured information of “data warehouses” to create what CEO Ali Ghodsi calls a “lakehouse” where companies store and make use of their data. “We’re able to consolidate all of a customer’s data workloads, across both analytics and AI, on a single platform,” he says. Comcast, Credit Suisse and T-Mobile are among 5,000 customers using Databricks to build business analytics or machine learning tools. They’ve helped the company reach $425 million in annual recurring revenue; following a $1 billion funding round earlier this year, an IPO could soon be on the horizon. ?
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Guest
Apr 27, 2021
6:52 AM
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