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CEO of $28 billion Databricks on $1 billion Series G, cloud giants


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DataBricks CEO Ali Ghodsi
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Databricks announced a new $1 billion funding round on Monday, taking it to a $28 billion valuation.
The round includes investment from the biggest three cloud-computing firms.
CEO Ali Ghodsi says the investment will allow Databricks to acquire companies and approach an IPO.
Ali Ghodsi, the CEO of Databricks, told Insider that the most important aspect of the mammoth $1 billion Series G round of venture capital his company announced Monday – which takes it to a $28 billion valuation – is investment by all three of the largest cloud-computing firms: Amazon, Microsoft, and Google. ....

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