Full-Time
Posted on 12/20/2024
Unified data platform for analytics and AI
CA$178.8k - CA$408.8kAnnually
Senior
Calgary, AB, Canada
Databricks provides a platform that combines the features of data lakes and data warehouses, referred to as lakehouse architecture. This platform allows organizations to efficiently manage, analyze, and gain insights from their data. It caters to a diverse clientele, including data engineers, data scientists, and business analysts in sectors like finance, healthcare, and technology. Databricks streamlines data ingestion, management, and analysis through automated ETL processes, secure data sharing, and high-performance analytics. Additionally, it supports machine learning and AI workloads, enabling users to build and deploy models at scale. The company operates on a subscription-based model, generating revenue from platform access, professional services, and support. Databricks aims to simplify data management and analytics for its users.
Company Size
10,001+
Company Stage
Debt Financing
Total Funding
$13.6B
Headquarters
San Francisco, California
Founded
2013
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Extended health care including dental and vision
Life/AD&D and disability coverage
Equity awards
Flexible Vacation
Gym reimbursement
Annual personal development fund
Work headphones reimbursement
Employee Assistance Program (EAP)
Business travel accident insurance
Paid Parental Leave
According to PitchBook, AI investment has driven U.S. startup funding to its highest in three years, with over $30 billion raised this season and $50 billion ongoing. U.S. startups' Q4 2024 funding hit $80 billion, the highest since 2021. OpenAI is in talks with SoftBank to raise $40 billion at a $260 billion valuation, potentially the largest ever, surpassing Databricks' $10 billion. In 2024, U.S. AI startups raised a record $97 billion, 46.4% of total U.S. startup funding.
Databricks announced the completion of a $10 billion Series J funding round and a $5.25 billion debt financing, valuing the company at $62 billion. Key investors include QIA, Temasek, and Meta. The funds will be used for AI product development, acquisitions, and global expansion. The credit facility, led by JPMorgan Chase, includes a $2.5 billion revolver and a $2.75 billion term loan. CEO Ali Ghodsi highlighted the importance of data intelligence in leveraging generative AI.
/PRNewswire/ -- Databricks, the Data and AI company, today announced that it has welcomed the team behind BladeBridge, a leading provider of AI-powered...
Databricks completes $10B funding round, raises $5.25B in debt - SiliconANGLE
Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.