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It's interesting to compare the trajectory of Databricks with Snowflake. Last February, Snowflake raised its last funding round, $479M at a $12.4B valuation. S
by aratob 6y ago
It's interesting to compare the trajectory of Databricks with Snowflake.
Last February, Snowflake raised its last funding round, $479M at a $12.4B valuation. Snowflake then went on to a gigantic, record breaking IPO in September.
This time it's Databricks, with a 2x investment at a 2x valuation. The eventual IPO will be something to watch.
[1] https://www.geekwire.com/2020/cloud-data-platform-giant-snowflake-raises-479m-12-4b-valuation-partners-salesforce/ https://www.geekwire.com/2020/cloud-data-platform-giant-snow...