Databricks Stock

databricks.comEnterprise Software / Data IntelligenceFounded: 2013Funding to Date: $4.12B

Databricks is a provider of unified data analytics solutions designed to helps organizations make all their data ready for analytics, empower data science and data-driven decisions across the organization, and rapidly adopt machine learning to outpace the competition. The company was founded in 2013 by Ali Ghodsi, Andy Konwinski, Ion Stoica, and Scott Shenker and is headquartered in San Francisco, CA.

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Management Team

Ali Ghodsi Ph.D
Co-Founder, Chief Executive Officer & Board Member
Hatim Shafique
Chief Operating Officer & Chief Customer Officer
Naveen Zutshi
Chief Information Officer
Rick Schultz
Chief Marketing Officer
Ron Gabrisko
Chief Revenue Officer
Reynold Xin Ph.D
Co-Founder & Chief Architect
Matei Zaharia Ph.D
Co-Founder, Chief Technologist & Board Member
Fermin Serna
Chief Security Officer
David Conte
Chief Financial Officer

Board Members

Benjamin Horowitz
Andreessen Horowitz
Peter Sonsini
New Enterprise Associates

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News Highlights

Databricks Acquires Team Behind Natural Language Data Notebook
Databricks, the privately owned developer of an intelligence platform and data lakehouse architecture, is continuing its acquisition momentum in 2024 with the purchase of Einblick for an undisclosed amount. Databricks will incorporate Einblick’s data science environment that uses natural language prompts into the Databricks platform. Databricks acquired other companies in 2023 including data replication platform Arcion for $100 million, large language model enablement platform MosiacML for $1.3 billion, and data security platform Okera for an undisclosed amount.
Databricks is Acquiring AI Startup Einblick as CEO Ali Ghodsi Embraces ‘Asymmetric’ Strategy
Databricks announced the acquisition of Einblick, which is an AI platform that allows data scientists to use natural language prompts to build data solutions. Databricks, a startup and developer of a generative AI-powered data intelligence platform, purchased Einblick for an undisclosed amount of money. Databricks also acquired AI startup MosaicML in July 2023 as part of its mergers and acquisitions strategy focus. The company had a valuation of $43 billion as of September 2023.
Databricks Preps Employee Share Sale
Databricks, which is the developer of a data intelligence platform companies can use to build their own AI models, is allowing the sale of employee-owned company stock for staff members who joined the company before 2019. The company issued tender offers to eligible employees, and the offers expire in 2026. The move will help Databricks, which had a valuation of $43 billion as of September 2023, to remain a private company longer by increasing its valuation for a potential fundraising round.
Updated on: Feb 29, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.