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Unified data platform for analytics and AI
$40 - $45Hourly
San Francisco, CA, USA
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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 and professional services. Databricks aims to simplify data management and analytics for its users, helping them leverage their data effectively.
Company Size
5,001-10,000
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
Databricks has raised $10 billion in a Series J funding round, boosting its valuation to $62 billion. The investment will support talent retention and business growth. Databricks is expanding into Saudi Arabia, aligning with the Vision 2030 initiative, to enhance its presence in the Middle East's AI and data analytics sector. The company is also partnering with Lenovo to advance AI adoption, reinforcing its leadership in the AI and data industries.
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 announced it has raised a $10 billion Series J funding round, valuing the company at $62 billion. The funding, led by Thrive Capital, Andreessen Horowitz, and others, is non-dilutive, with $8.6 billion already secured. The funds will be used for AI product development, acquisitions, and global expansion. Databricks expects to achieve positive free cash flow this quarter. CEO Ali Ghodsi highlighted the company's commitment to advancing data intelligence platforms.
Databricks has raised $10 billion in the largest US venture deal of the year, according to the Financial Times.
Investors in the AI and data analytics group include Thrive Capital, Andreessen Horowitz and Insight Partners
Databricks announced the completion of a Series J funding round, raising $15 billion, with participation from existing investor Qatar Investment Authority and new investors Temasek and Macquarie Capital. The company is now valued at $62 billion. Meta joined as a strategic investor. Databricks plans to use the funds for AI product development, M&A, and global expansion. Additionally, they secured a $5.25 billion credit facility led by major financial institutions.
Databricks has raised $10 billion in a new funding round, increasing its valuation to $62 billion. The company reports a $3 billion revenue run rate and plans to use the funds for product development, international expansion, and acquisitions. Databricks has over 500 customers with $1 million+ annual run rates and its SQL data warehouse has a $600 million revenue run rate. The funding was co-led by Thrive Capital and includes investors like Andreessen Horowitz and Wellington Management.
Software maker Databricks Inc. has clinched more than $5 billion of financing from lenders including Blackstone Inc., Apollo Global Management Inc. and Blue Owl Capital Inc. in its largest debt raise to date, according to people with knowledge of the matter.
Databricks, a startup with Romanian co-founders, has secured a $10 billion investment, raising its valuation to $62 billion from $43 billion. The company, based in San Francisco, is in the process of securing another investment of up to $8 billion, potentially valuing it at $55 billion. Last fall, Databricks raised over $500 million in a Series I round. The company's global revenues exceeded $1.6 billion for the fiscal year ending January 31, 2024, marking a 50% increase from the previous year.
Databricks has been a key innovator in data over the past decade. Here's a rundown of their history and impact on data engineering and ML.
Strong valuation increase reflects adoption of lakehouse as the data and AI architecture of the future.
Databricks has set a new record for the largest funding round in Silicon Valley history, surpassing OpenAI and Elon Musk's xAI. The AI and data analytics platform announced a Series J funding round led by Thrive Capital, with a target of $10 billion, of which $8.6 billion has been raised. This round values Databricks at $62 billion. The company's success is attributed to its Lakehouse product, which combines the benefits of data lakes and warehouses, and its strategic market positioning.
Databricks has secured Meta as a new investor in a $10 billion funding round, one of the largest in venture capital, with contributions from the Qatar Investment Authority. This investment supports Meta's development of Llama, an open-source large language model used in Databricks' AI offerings. Databricks has raised a total of $14 billion in venture funding and is considering an IPO within the next year.