Databricks Analysis: $15B Raised
What is Databricks?
Unified platform for data, analytics, and AI
Location
The headquarters of Databricks is located at 160 Spear St, 15th floor, San Francisco, CA 94105.
Employees
5001-10000
Founded
2013
Latest Funding Round Size
$14.7B
Market Position
Challenger
Product Features & Capabilities
- Databricks Platform for data intelligence
- Delta Lake for data management and reliability
- Databricks SQL for serverless data warehousing
- Unity Catalog for unified governance
- Delta Sharing for open data sharing.
How much Databricks raised
Funding Round - $14.7B
RecentOther Considerations
Recognized as a leader in the 2025 MQ for Data Science and ML Platforms; Serves a diverse range of industries including healthcare, finance, and retail; Offers a free edition for users to explore their platform.
Recent Acquisitions
- Arcion - Acquired for $100 million, this acquisition was announced on October 23, 2023. Arcion is a provider of enterprise data replication solutions, which will enhance Databricks' capabilities in data ingestion.
- Tabular - Acquired approximately nine months ago, this acquisition focuses on data optimization, helping companies prepare data for analytics and artificial intelligence.
Future Outlook
Databricks anticipates significant advancements in the AI industry by 2025, focusing on enhanced natural language processing (NLP) capabilities, more understandable AI-driven insights, and increased automation within their ecosystem. They are also expected to invest heavily in new AI products and expand their international operations, aiming for substantial growth in their AI offerings. The company is optimistic about 2025 being a pivotal year for growth, driven by increasing interest in their solutions.
Awards Recognition
Databricks has received several notable awards and recognitions in the AI field, including:
1. **Leader in the 2024 Magic Quadrant for Cloud Database Management** by Gartner.
2. **Data + AI Visionary Award** at the 2024 Databricks Data Team Awards, awarded to Fox Corporation and Heineken for their partnership with Databricks.
3. **AI Partner of the Year** awarded to NVIDIA at the 2024 Global Partner Awards.
4. **Customer Impact Partner of the Year** awarded to Plotly for showcasing significant business value achieved by Databricks customers.
5. **Innovation Partner of the Year** awarded to Wipro and Dataiku for their contributions to AI-driven data transformation.
1. **Leader in the 2024 Magic Quadrant for Cloud Database Management** by Gartner.
2. **Data + AI Visionary Award** at the 2024 Databricks Data Team Awards, awarded to Fox Corporation and Heineken for their partnership with Databricks.
3. **AI Partner of the Year** awarded to NVIDIA at the 2024 Global Partner Awards.
4. **Customer Impact Partner of the Year** awarded to Plotly for showcasing significant business value achieved by Databricks customers.
5. **Innovation Partner of the Year** awarded to Wipro and Dataiku for their contributions to AI-driven data transformation.
HQ Full Address
The headquarters of Databricks is located at 160 Spear St, 15th floor, San Francisco, CA 94105.
