Databricks crossed $350M run rate in Q3, up from $200M one year ago

The Exchange regularly covers companies as they approach and crest the $100 million revenue mark. Our goal in tracking startups growing at scale is to scout future IPO candidates and better understand the late-stage financing market. Today we’re digging into a company that is a little bit bigger than that. Namely Databricks, a data analytics company […]

A stampede of unicorn news

With a hot IPO market and a world accelerating its shift to digital technologies amidst a pandemic, it’s a busy time for late-stage startups. Happily, the current moment is generating a wave of leaks and news. So much so, it’s actually been pretty hard to keep up. In honor of the somewhat crazy week we’ve […]

A stampede of unicorn news

With a hot IPO market and a world accelerating its shift to digital technologies amidst a pandemic, it’s a busy time for late-stage startups. Happily, the current moment is generating a wave of leaks and news. So much so, it’s actually been pretty hard to keep up. In honor of the somewhat crazy week we’ve […]

Databricks acquires Redash, a visualizations service for data scientists

Data and analytics service Databricks today announced that it has acquired Redash, a company that helps data scientists and analysts visualize their data and build dashboards around it. Redash’s customers include the likes of Atlassian, Cloudflare, Mozilla and Soundcloud and the company offers both an open source self-hosted version of its tools, as well as […]

IBM Pours Researchers And Resources Into Apache Spark Project

Pouring liquid gold. IBM today pledged it would devote 3500 researchers to the open source big data project, Apache Spark. It also announced that it was open sourcing its own IBM SystemML machine learning technology in a move designed to help push it to the forefront of big data and machine learning.
These two technologies are part of the IBM transformation strategy that includes cloud, big data, analytics and… Read More