Databricks Says It Has Surpassed $1 Billion in Annualized Revenue

Databricks Inc. says it has topped $1 billion in annualized income, a milestone that comes because the nine-year-old knowledge analytics firm seems to be to amass different tech startups to drive progress.

Co-founder and Chief Government Ali Ghodsi stated he has no rapid plans for a public market debut or to boost one other spherical of investor funding, including that the San Francisco-based firm has sufficient money to see it by way of a protracted recession.