By Amber Deter Will Databricks IPO? The company just closed its most recent funding round, and the number is big. As investors look for the next big tech hit, the rumor of Databricks stock grows.
But will Databricks go public? And if it does, should you invest? Here’s what we know…
Databricks IPO: The Company
CEO Ali Ghodsi co-founded Databricks in 2013. Headquartered in San Francisco, Databricks is an AI and data analytics company. It pioneered the idea of lakehouse architecture in the cloud. This combined data lakes, a large amount of raw data, and warehouses, an organized structure of processed data. Databricks claims this offers …read more
