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Databricks Raises $1 Billion Series G Investment at $28 Billion Valuation 2022

Databricks 1b 28bjohnsonventurebeat: Databricks is a company which provides a unified analytics platform for use by enterprises. Databricks was founded in 2013 as an open source project at the University of California, Berkeley. In addition to founders Matei Zaharia and Ion Stoica, past contributors include Joseph E. Gonzalez (co-founder of Apache Spark), Alon Lavie, Ali Ghodsi and Michael Franklin. Databricks was formed in 2016 to commercialize the open source Apache Spark project and has since expanded its product offerings.

On January 22, 2018, Databricks announced that it had raised a Series G round of funding of $1 billion at a valuation of over $28 billion. The company also announced a new distribution partnership with Microsoft that would allow users to run Databricks on Azure using Microsoft’s Azure Machine Learning service as an accelerator.

Databricks is a part of the wider “Big Data” ecosystem. Other notable companies in this space include Apache Hadoop , Cloudera, MapR Technologies, Hortonworks, Data Artisans and Altiscale.

Databricks provides a unified analytics platform for enterprises. The company packages Apache Spark and bundles it with other offerings including Databricks Delta for machine learning, Databricks Connect for data discovery & collaboration, Databricks Unified Analytics Platform (UAP), Databricks Notebook and more.

Databricks has partnerships with: Amplitude, Cloudera, Hortonworks, MapR Technologies and Altiscale.

It has worked as an Apache Spark & Hadoop/HDFS contributor within the Apache Foundation. Java remains the language of choice for Databricks in its development.

As of March 2016, Databricks has over 1 million users and over 7 million users across the community.

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