Expansion Funds for Big Data Firm Databricks

San Francisco-based big data solutions firm Databricks has raised $60m in a Series C funding round, which it will use to continue expanding its data platform.

Founded by the team who created big data processing engine Apache Spark, Databricks offers an online platform which helps clients with cloud-based usage of Spark. In addition, the firm co-organizes open online courses, and has trained more than 20,000 Apache Spark users.

The new funding round was led by New Enterprise Associates, with participation from existing investor Andreessen Horowitz, and brings its total funding to date to $107.5m. CEO and co-founder Ali Ghodsi (pictured) comments: 'Apache Spark has enabled countless enterprises and cutting-edge early adopters to create business value through advanced analytics solutions. As Spark's adoption and the demand for our managed Spark platform continues to rise, this funding will advance our engineering and go-to-market strategies to address all of our customers' pain points as we continue to grow the Spark community'.

Web site: www.databricks.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.