Emtec Further Strengthens Microsoft Expertise with Two Additional Gold Competencies prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
By Microsoft News Center
25 February, 2021
RAC WA is undertaking a ground-breaking digital transformation. By selecting Microsoft Azure as its preferred cloud, and continuing investment in the digital capability of its people, it is building agility and enhancing the services it provides to its members in Western Australia.
The digital transformation includes the migration of RAC WAâs insurance systems and integration layer into Azure and the roll out of Dynamics 365 Customer Insights, Office 365 and Power BI to streamline access to information and applications.
The transformation also includes RAC WA enhancing its technical landscape where information was previously managed through many different systems.
Databricks now valued at $28 billion, following $1 billion Series G funding information-age.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from information-age.com Daily Mail and Mail on Sunday newspapers.
Databricks Raises $1 Billion Series G Investment at $28 Billion Valuation
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Lead Franklin Templeton is joined by Fidelity and new strategic investors AWS, CapitalG, and Salesforce Ventures; Current strategic investor Microsoft also participated
SAN FRANCISCO, Feb. 1, 2021 /PRNewswire/
Databricks, the Data and AI company, today announced a $1 billion investment in response to the rapid global adoption of its unified data platform. The Series G funding, led by new investor Franklin Templeton, puts Databricks at a $28 billion post-money valuation. Franklin Templeton is joined by other new investors including Canada Pension Plan Investment Board, Fidelity Management & Research LLC, and Whale Rock, along with new strategic investors Amazon Web Services (AWS), CapitalG and Salesforce Ventures. Existing investors participating in the round include Microsoft, Andreessen Horowitz, Alkeon Capital Management, funds and accounts managed
Unusual suspects
The collective of investors is impressive and unusual: Franklin Templeton leads the round and is joined by Canada Pension Plan Investment Board, Fidelity Management & Research LLC and Whale Rock, along with new strategic investors Amazon Web Services, Alphabet s CapitalG and Salesforce Ventures. Also participating are a slew of existing investors: Microsoft, Andreessen Horowitz, Alkeon Capital Management, BlackRock, Coatue Management, T. Rowe Price Associates, Inc. and Tiger Global Management.
The combination of so many financial services firms and cloud giants makes it clear that Databricks approach to analytics has great appeal. Data warehouse powerhouse Snowflake may have had the biggest software IPO of all time, but this Series G raise gets its own place in the analytics funding hall of fame.