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Databricks, Inc. is a global data, analytics, and artificial intelligence (AI) company, founded in 2013 by the original creators of Apache Spark. [ 1 ] [ 4 ] The company provides a cloud-based platform to help enterprises build, scale, and govern data and AI, including generative AI and other machine learning models.
The company has diversified in recent years into the video game industry with the Xbox, the Xbox 360, the Xbox One, and the Xbox Series X/S as well as into the consumer electronics and digital services market with Zune, MSN and the Windows Phone OS. The company's initial public offering was held on March 14, 1986. The stock, which eventually ...
In January 2018, the company raised $263 million at a $1.5 billion valuation, making it a unicorn. [31] In October 2018, Snowflake raised $450 million in a round led by Sequoia Capital, at a $3.5 billion valuation. [3] [32] On February 7, 2020, the company raised $479 million. At that time, it had 3,400 active customers. [33]
Databricks’ $43 billion valuation is up from the last time the company sought capital. In 2021, Databricks collected $1.6 billion in a series H round led by Counterpoint Global. It was valued at ...
It’s the latest in a growing line of deals, from Databricks’ $1.3 billion acquisition of MosaicML over the summer to the company’s $100 million October buyout of enterprise data startup Arcion.
Feb.03 -- Databricks CEO Ali Ghodsi discusses his company's $28B valuation and the growth of data management companies. He speaks with Emily Chang on "Bloomberg Technology."
The company's stock ceased trading on the Nasdaq effective on the same date. [9] [10] [8] On 27 October 2021, Informatica again became publicly traded with the INFA stock symbol, this time listed on the NYSE, opening at $27.55 per share. [11] In June 2023 Informatica acquired Privitar, a data management tool. [12]
The company has also posted $40.6 billion in revenue, up 19% year-over-year, whereas its operating margin expanded to 43%. EPS grew by 37% to $6.03. EPS grew by 37% to $6.03.