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Databricks raises $10B as it barrels toward an IPO

17 December 2024 at 06:41

Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, DST Global, GIC, and Iconiq Growth. The round is one of the largest venture rounds in history, and will drive future mergers and acquisitions, stock […]

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Snowflake snaps up data management company Datavolo

20 November 2024 at 14:44

Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The purchase hasn’t yet closed, and it’s subject to customary closing conditions, Snowflake noted in a release. […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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