Databricks Raises $140 Million

Software company Databricks announced the close of $140 million in Series D financing. Three investors participated in the round: Andreessen Horowitz, New Enterprise Associates, and Battery Ventures.

Databricks’ mission is to accelerate innovation for its customers by unifying data science, engineering and business. Founded by the team that created Apache Spark™, Databricks provides a unified analytics platform for data science teams to collaborate with data engineering and lines of business to build data products. Users achieve faster time-to-value with Databricks by creating analytic workflows that go from ETL and interactive exploration to production. The company also makes it easier for users to focus on their data by providing a fully managed, scalable, and secure cloud infrastructure that reduces operational complexity and total cost of ownership.

According to the company, it will use the funding to invest in its product — which brings data science to more users inside virtually any businesses — and to accelerate its growth strategy.