Databricks Reaches $43 Billion Valuation, Reports $1.9 Billion Revenues by 2023, 50% of Fortune 500 as Clients, Introduces Industry-Specific Solution Accelerators, Partners with Segment, Showcases at AWS re:Invent
Nov 1, 2023, 06:41 PM
Databricks, a data management and analytics platform, has reached a valuation of $43 billion. The company is reported to have generated $1.9 billion in revenues by the end of 2023. Over 50% of Fortune 500 companies are clients of Databricks. The company has introduced industry-specific Solution Accelerators on its marketplace, offering pre-built notebooks and sample data for various sectors. Databricks is also partnering with Segment to discuss building a modern data foundation for exceptional customer experiences. Additionally, Databricks is showcasing its offerings at the AWS re:Invent event, including deep dives into #GenAI, product demos, and 1:1 sessions with experts.
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