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Databricks announces $400M round on $6.2B valuation as analytics platform continues to grow

Databricks announces $400M round on $6.2B valuation as analytics platform continues to grow

TechCrunch Startup News · TechCrunch

October 23, 20193m 27s

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Show Notes

Databricks is a SaaS business built on top of a bunch of open source tools, and apparently it’s been going pretty well on the business side of things. In fact, the company claims to be one of the fastest growing enterprise cloud companies ever. Today the company announced a massive $400 million Series F funding round on a hefty $6.2 billion valuation. Today’s funding brings the total raised to almost a $900 million.

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