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Databricks Says It Has Surpassed $1 Billion in Annualized Revenue

Databricks Says It Has Surpassed $1 Billion in Annualized Revenue #Databricks #Surpassed #Billion #Annualized #Revenue Welcome to TmZ Blog, here is the new story we have for you today:

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Databricks Inc. says it has topped $1 billion in annualized revenue, a milestone that comes as the nine-year-old data analytics company looks to acquire other tech startups to drive growth.

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Co-founder and Chief Executive Ali Ghodsi said he has no immediate plans for a public market debut or to raise another round of investor funding, adding that the San Francisco-based company has enough cash to see it through a prolonged recession.

Databricks,…

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