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Microsoft Invests in Databricks

Databricks, the high-flying analytics startup founded by the creators of Apache Spark, announced yet another venture funding haul this week as it hustles to meet what it says is growing demand for its analytics platform.

The analytics specialist announced Tuesday (Feb. 5) it has raised an additional $250 million in its latest funding round that included new investor and cloud partner Microsoft. The Series E round was led by Andreessen Horowitz. Databricks has so far raised nearly half-a-billion dollars and claims a company valuation of $2.75 billion.

Source: datanami.com
Author: George Leopold

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