Databricks Raises $60M in Series C Funding

databricksDatabricks, a San Francisco, CA-based Apache Spark project commercial company, closed a $60m Series C funding.

The round was led by New Enterprise Associates (NEA) with participation from existing investor Andreessen Horowitz.

The company, which has raised $107.5m in total funding to date, intends to use the funds to continue to expand key areas including product development, customer success, sales and marketing.

Led by Ali Ghodsi, CEO and Co-Founder, Databricks provides an open-source big data analytics and processing platform with over 1,000 contributors from more than 250 organizations. The company delivers its data platform in the cloud powered by Apache Spark to simplify data integration, real-time exploration, and deployment of production applications.



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