BRIEF OVERVIEW

Databricks is a company that provides a unified analytics platform designed to help organizations process big data and perform advanced analytics. It was founded in 2013 by the original creators of Apache Spark, an open-source distributed computing system.

As of my knowledge, Databricks is currently a privately held company. However, it has received significant funding from various investors over the years. In February 2021, Databricks announced that it had raised $1 billion in Series G funding at a valuation of $28 billion.

FAQs

Q: Who are some notable investors in Databricks?

A: Notable investors in Databricks include Andreessen Horowitz, Coatue Management, Microsoft, New Enterprise Associates (NEA), and T Rowe Price.

Q: Is there any information about when Databricks might go public?

A: As of now, there is no official announcement regarding Databrick’s plans for going public. The company may choose to remain private or consider an initial public offering (IPO) in the future.

BOTTOM LINE

Databricks is currently a privately held company but has attracted significant investment from prominent firms. Its future plans regarding going public or remaining private have not been officially disclosed as of now.