Databricks has filed a notice of an exempt offering of securities to raise $673,757,396.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Databricks is raising $673,757,396.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Ali Ghodsi played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Databricks
Databricks is the data and AI company. More than 5,000 organizations worldwide including Comcast, Conde Nast, H&M, and over 40% of the Fortune 500 rely on the Databricks Lakehouse Platform to unify their data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe. Founded by the original creators of Apache Spark, Delta Lake and MLflow, Databricks is on a mission to help data teams solve the worlds toughest problems.
To learn more about Databricks, visit http://databricks.com/
Contact:
Ali Ghodsi, Chief Executive Officer
866-330-0121
https://www.linkedin.com/in/alighodsi/
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