Friday, December 16, 2016

Databricks Adds $60M

San Francisco-based Databricks, a software startup which is behind the Apache Spark project, said this week that it has added $60M in a Series C funding round. The round was led by New Enterprise Associates, and also included Andreessen Horowitz, which is an existing investor in the company. Databricks says it has now raised $107.5M. Ali Ghodsi is CEO and Co-Founder at Databricks. Apache Spark is used for processing big data.