![]() The San Francisco-based company is one of the most successful startups in the big data arena and last month closed a $1.6 billion Series H round of funding that put the company’s post-money valuation at $38 billion. “The acquisition of 8080 labs is a very strategic investment that expands our products to a much broader audience,” said Clemens Mewald, Databricks director of product management, machine learning and data science, in an interview with CRN.ĭatabricks, founded in 2013 by the developers of the Spark data analytics engine, is the fast-growing developer of the Databricks Lakehouse Platform for data engineering, data analytics and AI tasks. The co-founders of 8080Labs, a Frankfurt, Germany-based startup, have joined Databricks. Terms of the acquisition were not disclosed. Databricks has acquired 8080 Labs and its low-code/no-code data analysis technology in a move that will allow Databricks to bring its AI and data analytics software to a wider audience.ĭatabricks will integrate 8080 Labs’ technology, including its popular Bamboolib data science tool, with the Databricks Lakehouse Platform, expanding the company’s first low-code/no-code offerings for non-technical information workers. ![]()
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