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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Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation

News Highlights

Databricks raises $500 million with backing from rival Snowflake’s top client
Databricks announced a fresh funding haul of over $500 million today, which values the company at a whopping $43 billion. The round is led by T. Rowe Price Associates, but two new investors are notable in this round: Nvidia and Capital One Ventures (Capitol One is the top client of Databricks’ main rival, Snowflake).
Databricks raises $500M more, boosting valuation to $43B despite late-stage gloom
Capital from T. Rowe Price, Morgan Stanley, Fidelity and Franklin Templeton fills up the “pre-IPO” portion, as these investors often put money in companies that are expected to go public sooner than later. On the strategic side, we have Capital One Ventures and Nvidia.
New funding round could raise Databricks’ value to more than $43B
Big-data software giant Databricks Inc. is reportedly holding talks with the global investment management giant T. Rowe Price Group Inc. on a fresh round of funding that could bring its value to more than $43 billion.
Updated on: Sep 23, 2023