Databricks Says It Has Surpassed $1 Billion in Annualized Revenue

Databricks Inc. says it has topped $1 cardinal successful annualized revenue, a milestone that comes arsenic the nine-year-old information analytics institution looks to get different tech startups to thrust growth.

Co-founder and Chief Executive Ali Ghodsi said helium has nary contiguous plans for a nationalist marketplace debut oregon to rise different circular of capitalist funding, adding that the San Francisco-based institution has capable currency to spot it done a prolonged recession.

Databricks,...