The data-analytics and AI software company is raising over $4 billion and crossed $4.8 billion in annual revenue rate.
On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.
Databricks has just pulled off one of the defining capital raises of the AI era, securing a multibillion dollar round that ...
How much will the changing valuation profile of software companies impact the highest-flying private unicorns? Also, why hasn’t Databricks gone public yet? The answer to the former might be the answer ...
Rising chart and reflection business buildings. At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In ...
The past few months have highlighted that the battle between Snowflake Inc. and Databricks Inc. is as hot as ever. The two companies have different philosophies. But there’s no question that ...
Databricks Inc. today launched DBRX, a general-purpose large language model that it says outperforms all existing open-source models — and some proprietary ones — on standard benchmarks. The company ...
Databricks is an innovative data analytics platform designed to simplify the process of building big data and artificial intelligence (AI) solutions. It was founded by the original creators of Apache ...
Cybersecurity principles are simple, says Databricks' Field CISO. The hard part is doing them at scale across thousands of users and hundreds of applications. The company thinks its data platform – ...
Databricks, the fast growing data analytics unicorn backed by Andreessen Horowitz and Microsoft, is marching toward an IPO, perhaps in 2021. The company last raised $400 million at a $6.2 billion ...
“HI, JUST CHECKING in. Can I put in some more?” The bosses of promising startups are bombarded by such texts these days. Big funds in particular are falling over themselves to grab a piece of the tech ...
TechCrunch recently covered Databricks’ financial performance in 2020, contrasting its recent performance to some historical 2019 data that the company shared. The data-and-analysis-focused unicorn ...