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Tag: Azure Databricks

Databricks Edges Closer to IPO with $1B Round

Feb 1, 2021 |

Lending credence to reports that it’s readying an initial stock offering later this year, Databricks announced the close of a stunning $1 billion funding round, boosting the AI platform vendor’s market valuation north of $28 billion. Read more…

Microsoft Invests in Databricks

Feb 5, 2019 |

Databricks, the high-flying analytics startup founded by the creators of Apache Spark, announced yet another venture funding haul this week as it hustles to meet what it says is growing demand for its analytics platform. Read more…

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