Databricks Raises $140M in Series D Funding

Databricks, a San Francisco, CA—based unifed analytics platform provider, raised $140m in Series D funding.

The round was led by Andreessen Horowitz with participation from New Enterprise Associates, Battery Ventures, Future Fund Investment Co., A.Capital Partners, Geodesic Capital and Green Bay Ventures.

The company, which has raised $247m in total funding, intends to use the funds to increase product investment in its Unified Analytics Platform, accelerate its global growth strategy, expand its markets through industry-specific solutions for a range of industries including Healthcare & Life Sciences, Financial Services, Government, and Media & Entertainment, and grow its engineering and customer success teams.

Founded by the team who created Apache Spark™, Databricks provides a unified analytics platform for data science teams to collaborate with data engineering and lines of business to build data products and a secure cloud infrastructure that reduces operational complexity and total cost of ownership.

FinSMEs

22/08/2017

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