Databricks' High Revenue Growth
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Enterprise software maker DatabricksInvestor's Business Daily
•Technology
Technology
Databricks, a maker of data analytics and data management software, is on Wall Street's radar

79% Informative
Databricks, a maker of data analytics and data management software, is on a roll.
Software maker hasn't announced plans for an initial public offering yet and it might not happen in 2025 .
Competition has intensified with rival Snowflake and Palantir Technologies as they help companies make their proprietary data actionable in new ways.
Databricks acquired AI startup Mosaic for $1.3 billion in 2023 .
Buying Mosaic enabled the company to build its own LLM called DBRX .
The company has over 12,000 customers, including 500 that generate over $1 million in annual recurring revenue.
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