Everything You Need To Know About Databricks (Detailed Overview)

Everything You Need To Know About Databricks (Detailed Overview)

Business 4 Mins Read
published on: 24 January 2023 last updated on: 17 June 2023

So, what are Databricks?

Databricks is an American software company that was founded by the same creators who were responsible for creating Apache Spark. The company develops a web-based platform so that users can work with Spark, where they can develop IPython-style notebooks and automated cluster management. In this article, you will learn important things about Databricks.

Company Overview

Here is the basic information about Databricks.

Company Profile

Company NameDatabricks, Inc.
Founded2013
FoundersAli Ghodsi
Ion Stoica
Matei Zaharia
Reynold Xin
Andy Konwinski
Patrick Wendell
Arsalan Tavakoli
IndustryComputer Software
TypePrivate
HeadquartersSan Francisco, California, United States
Key PeopleCEO- Ali Ghodsi
Executive Chairman- Ion Stoica
Area ServedWorldwide
ProductsOpen Source Tech
Data Governance
Data Streaming
Data Engineering
Data Sharing
Data Warehousing
Security and Trust Center
Employee NumberMore than 4,000+
Revenue$1 billion (2022)
Websitedatabricks.com

Company Journey

Databricks was not a focused project that the group wanted to make. The founders of the company were Ali Ghodsi, Ion Stoica, Matei Zaharia, Reynold Xin, Andy Konwinski, Patrick Wendell, and Arsalan Tavakoli. While they were in the AMPLab project at the University of California and making Apache Spark, Databricks was developed. Apache Spark is an open-source computing framework. 

First Breakthrough

The company made its first and major breakthrough when it partnered with Microsoft Azure. This was the time when it announced that the company would be a first-party service. And this breakthrough was achieved through the integration of Azure Databricks. Then the company developed Delta Lake. It was an open-source project that brought reliability to data leaks. There are major data leaks in machine learning and different data science cases, and Delta Lake was a solution for this.

Partnership 

Databricks acquired Redash in June 2020. This was also an open-source tool for data scientists and analysts. With the help of this new feature, users can develop interactive dashboards. The company then partnered with Google in 2021 to build up Google’s BigQuery and Google Kubernetes Engine. The integrations were only possible when it merged with Google Cloud. 

In 2021, the company was named one of the Best Workplaces for Millennials. The company said that there were more than 5,000 organizations that used the products. In the same year, Databricks completed its fundraising for the eighth time. There was a funding of $1.6 billion, and the valuation of the company was $38 billion. 

In late 2021, the company acquired German no-code company 8080 Labs. The German company made bamboolib, and it was a data exploration tool. The tool had an amazing feature where there was no need for any coding. 

Funding

In 2013, Databricks raised around $13.9 million from Andreessen Horowitz, and it had the aim to offer Google’s MapReduce System an alternative. One of the best things about Databricks was that it got funding from Microsoft, and Microsoft is till now one of the noted investors. Though the amount is unspecific, Microsoft participated in the Series E funding. 

Then the company raised another $1.9 billion in funding, which was Series G funding. There was another funding of $1 billion from Franklin Templeton. In the year 2021, the pre-money valuation of the company was $28 billion. There are other investors like CapitalG, Alphabet, Inc., Amazon Web Services, and Salesforce Ventures. 

SeriesLead InvestorsAmount ($ millionTime
AAndreessen Horowitz13.92013
BNew Enterprise Associates332014
CNew Enterprise Associates602016
DAndreessen Horowitz1402017
EAndreessen Horowitz2502019
FAndreessen Horowitz4002019
GFranklin Tempeton Investments1,0002021
HMorgan Stanley1,6002021

Products

The company started selling its cloud-based platform named “lakehuse.” It was a portmanteau, and the terms were data lake and data warehouse. The framework of the lakehouse is based on the Apache Spark. There was no traditional database schema. Last year, the company got FedRAMP’s status, and the United States federal government uses the platform for various works. 

In 2020, the company launched Delta Engine. The focus was n the boost query performance. It is compatible with MLflow and Apache Spark. These two were Databrick’s open-source projects. In the same year, the company launches Databricks SQL for running business analytics and intelligence. There were tools like ThoughtSpot, Looker, SigmaComputing, Qlik, and Tableau. 

The company also provided other workloads like data storage, machine learning, streaming analytics, data processing, and business intelligence. The company is also responsible for creating MLflow, Delta Lake, and Koalas. These platforms opened a span of data science, data engineering, and machine learning. The company also developed Spark, an open online course. This was known as Spark Summit.

Frequently Asked Questions (FAQs):

Here are some interesting questions and answers that most people tend to know about Databricks.

Q1. What Are Databricks Used For?

Ans. There are people who have no idea what Azure Databricks is used for. The customers of Azure Databricks can process, clean, store, analyze, share, monetize and model their datasets with solutions from machine learning to BI. Someone who wants to develop applications that have a span of data uses the Azure Databricks platform.

Q2. What Is Databricks?

Ans. Basically, Databricks is a cloud-based data engineering tool. The platform can be used by various companies to transform large quantities of data, process those data, and explore those. The process includes extensive amounts of data and then analyzes it through machine learning. Companies that want to deal with extensive data use this platform.

Q3. Is Databricks A Microsoft Company?

Ans. No, Databricks is not a Microsoft company. Rather Microsoft and Databricks are key partners. Both companies are cloud-native data foundations and data platforms that deliver machine learning applications and analytics. When the question was asked, Scott Gutherie answered this. He is in charge of Coud+ AI of Microsoft.

Final Words

The company is one of the companies that are best for employees who want to start their careers. So, if you want to start your career, then you can go through Databrickscareers. Also, there are some people who want to invest in Databricks stock, then you can buy Databricks IPO, as the company is profitable.

I hope you will find this article interesting. If so, then please share and give your feedback.

Thank You.

Read Also:

tags

databricks academy databricks community databricks jobs databricks stock databricks tutorial

Mashum Mollah is the feature writer of Search Engine Magazine and an SEO Analyst at Real Wealth Business. Over the last 3 years, He has successfully developed and implemented online marketing, SEO, and conversion campaigns for 50+ businesses of all sizes. He is the co-founder of Social Media Magazine.

Leave a Reply

Your email address will not be published. Required fields are marked *

may you also read

Public Vs. Private Certificate Authorities For Your Business
A Secret About The Riches Apple Extracts From Google Spills Into The Open
reputation defender