On February 1, 2021, TechTarget‘s Sean Michael Kerner wrote Databricks fueling data lakehouse goals with $1B funding round. Amalgam Insights’ CEO and principal analyst Hyoun Park offered insight:
“This investment round reflects confidence in Databricks’ strategy and ongoing prospects,” Park said. “It’s notable that there is a lot of smart money involved in this round, including partners such as Salesforce and Amazon, as well as funds that have prior experience investing in data and analytics.”
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