Databricks, Inc.

Based in the US, Databricks, Inc. operates as a leading provider of data and AI solutions, offering innovative tools for data engineering, data science, and machine learning to facilitate advanced analytics and AI application development. Databricks, Inc. specializes in data and AI solutions, providing a robust platform for analytics and machine learning.

The company was founded in 2013 in San Francisco, US, by Ali Ghodsi, Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, and Arsalan Tavakoli-Shiraji. In July 2026, Databricks, Inc. is raising USD 3 billion in series M funding led by returning investor Coatue Management, with participation from other unspecified investors. The deal is expected to be closed in later summer 2026.

The venture funding values Databricks, Inc. at USD 188 billion post-money. Databricks offers a comprehensive suite of data and AI solutions primarily centered around its Data Intelligence Platform. This platform integrates data engineering, data science, and machine learning tools to facilitate the development and deployment of generative AI applications.

Key functionalities include end-to-end data management, ETL processes, and real-time analytics, ensuring that organizations can maintain data lineage, quality, and governance throughout the AI workflow. The platform empowers users across various industries, including financial services, healthcare, media, and retail, to derive insights from their data using natural language processing capabilities. Databricks serves a global clientele, with significant market penetration in North America, Europe, and parts of Asia, enabling companies to leverage AI to optimize operations and enhance customer experiences. Databricks generates revenue primarily through subscription-based pricing models for its platform and associated services.

Clients pay for access to the Data Intelligence Platform, which may include different pricing tiers based on usage, features, and support levels. The pricing range include USD 0. 07 per DBU to USD 40 per DBU. The company will use the July 2026 funding to accelerate its AI strategy, including Unity AI Gateway, Genie, and Lakebase.