By raising a billion dollars, Databricks crosses the symbolic threshold of 100 billion in valuation. The Californian company confirms that it has been able to build a unique offering, adopted by the world's leading groups, and which meets a need that has become vital - that of transforming data into a competitive advantage. Founded in 2013, Databricks now boasts annualized sales in excess of $4 billion, over $1 billion of which comes from its artificial intelligence solutions. A rare performance, reflecting the massive adoption of its platform by the biggest names in the global economy.
Companies such as Shell, Comcast, AT&T, Rolls-Royce and Adobe turn to Databricks to structure, analyze and exploit their data on a massive scale, proving that the platform meets the critical challenges of the most demanding sectors.
The Californian company's success is based on a simple but highly effective idea: to bring together in a single environment everything a company needs to work with its data. Rather than multiplying separate tools for storing, cleansing, analyzing and enriching information, Databricks offers a unified platform that covers all these needs. This not only saves time and improves reliability, it also gives business teams and data scientists alike a clear, actionable view of their data.
This momentum is reinforced by Databricks' ability to democratize artificial intelligence. By providing generative AI and machine learning tools directly integrated into its platform, Databricks enables its customers to move from raw data to intelligent decisions much more quickly. The company had already raised $10 billion by the end of 2024 and reached a valuation of $62 billion, propelled beyond the $100 billion mark in just 9 months.