Databricks Raises Nearly $14 Million From Andreessen Horowitz
Databricks is a big data startup that is known for creating the in-memory Spark and Shark platforms for analyzing information. Databricks has raised nearly $13.9 million in funding for commercializing the products. Databricks is currently in stealth mode. Andreessen Horowitz led this round of funding.
“We are using cutting-edge technology based on years of research to build next-generation software for analyzing and extracting value from data. We created Apache Spark and Shark, and are deeply committed to open-source,” states Databricks’ description on Crunchbase. Some of Databricks’ board of directors include Ion Stoica, Matei Zaharia, Ben Horowitz, Scott Shenker.
Spark is a big data platform that is written in Scala and runs fast. Spark can run up to 100 times faster than Hadoop MapReduce if your dataset can fit into memory. Spark is used by Yahoo!, Airbnb, and ClearStory Data. Over 20 companies have put code into the project.