Databricks is expected to go public. What we know about the Databricks IPO. The company was last valued at $6.2 billion at its funding round in 2019. Databricks hasn’t released its IPO date yet. LOG IN or SIGN UP. Databricks Raises $2B In Funding Ahead Of Expected IPO: Reports. Databricks. It pioneered the idea of lakehouse architecture in the cloud. We’ll update this page with information as it becomes available. Like Snowflake, Databricks is building a cloud-based platform that businesses can use to analyze their data. The big data analytics superstar has a market valuation approaching $30 billion, a … Databricks, which runs a unified data platform in the cloud and is the driving force behind Apache Spark, is preparing for an initial public offering (IPO), possibly in the first half of 2021, according to a report in Bloomberg last week. Collaborate on all of your data, analytics and AI workloads using one platform. The original developers were students at Berkeley and they went on to launch Databricks, the first company on my list of potential IPOs in 2021. There’s no news yet about how much the stock will cost when it goes public. Want to comment? February 2, 2021 / 2 Comments / in Big Data , Data Engineering , Ramblings / by Daniel Some poor Data Engineer is sweating and typing away in a dark closet … moving data, solving bugs, just trying to get through the day. Databricks combines the best of data warehouses and data lakes into a lakehouse architecture. Databricks is a software platform that helps its customers unify their analytics across the business, data science, and data engineering. Databricks –> startup company backed by such giants as Google, Microsoft, and Amazon, whose software helps companies process large amounts of data in the cloud. Databricks provides a Unified Analytics Platform for data science teams to collaborate with data engineering and lines of business to build data products. With the advent of speculative SPACs and Gamestop stocks, it’s a nice break to have a real (direct listing) IPO for a change. In December 2020, Databricks started to plan its IPO, in accordance to Bloomberg. comments. Why Data Engineers Should Care about DataBricks IPO. #databricks #ipo. Databricks has not yet filed a viewable Form S-1 with the US Securities and Exchange Commission. TOP 9 Comments Databricks familyfeud You should ask these questions of your hiring manager. In Feb 2021 the company funded $1 billion at a … Founded in 2013 and headquartered in San Francisco, Databricks is an AI and data analytics company. 2 9. facebook twitter reddit hacker news link. However, it's expected to list in the first half of 2021. Executives at Databricks have talked about the possibility of an IPO for years, and if rumors are correct, then it appears likely to happen in early 2021. Congratulations to everyone in Databricks on the new evaluation raise.