Databricks announced an agreement to acquire Panther, an AI SOC/security platform, to expand its security-lakehouse and agentic detection strategy.
SourceUnified analytics and AI platform for data lakehouse.
Public company, workplace, funding, and market signals
Updated Aug 2, 2026
Databricks is a privately held data-and-AI software company founded by the creators of Apache Spark, Delta Lake, MLflow and Unity Catalog. Its platform unifies data engineering, data warehousing, analytics, governance, machine learning and generative/agentic AI on an open lakehouse architecture. Databricks says more than 20,000 organizations use its platform, including more than 60%/70% of the Fortune 500 depending on the cited company release.
Primary product
Databricks Data Intelligence Platform (formerly commonly described as the Lakehouse Platform), including Lakehouse, Databricks SQL, Lakeflow, Unity Catalog, Mosaic AI/AI products, Genie, Agent Bricks and Lakebase.
Founded
2013
Headquarters
San Francisco, California, USA — 160 Spear Street, 15th Floor
Team size
10,000+ globally; a July 2026 company release described more than 20,000 employees, while the official press kit states more than 10,000, so an exact current count is omitted.
Work style
Flexible
Industry
Enterprise software / data and AI
Sub-industry
Cloud data platforms, lakehouse analytics, machine learning and enterprise AI
Offices
Business model
Stage
Late-stage private / pre-IPO
Total raised
$20.2B
Latest round
Strategic funding round · Jul 2026
Latest amount
$3B
Jul 2026 · Coatue Management
Equity financing (Feb 9, 2026)
Feb 2026 · Syndicate led by institutional and strategic investors (announced by Databricks)
Feb 2026
Additional debt (announced Jan 24, 2026)
Jan 2026 · J.P. Morgan Chase, Barclays, Citi, Goldman Sachs, Morgan Stanley
Aug 2025
Debt facility (announced Jan 2025)
Jan 2025 · Consortium including Blackstone, Apollo, Blue Owl, J.P. Morgan, Barclays, Citi, Goldman Sachs, Morgan Stanley
Dec 2024 · DST Global
Sep 2023 · Baillie Gifford
Sep 2023 · Capital One Ventures & NVIDIA (participants)
Aug 2021 · Baillie Gifford
Aug 2021 · Morgan Stanley
Feb 2021 · Coatue Management
Jan 2021 · Franklin Templeton Investments
Oct 2019 · BlackRock
Oct 2019 · Andreessen Horowitz
Feb 2019 · Coatue Management
Feb 2019 · Andreessen Horowitz
Aug 2017 · A.Capital
Jan 2017 · Andreessen Horowitz
Dec 2016
Leadership
Co-founder and Chief Executive Officer
Co-founder and Executive Chair
Co-founder and Chief Technology Officer
Co-founder and Vice President of Engineering
Co-founder and Chief Architect
Co-founder and Senior Vice President, Field Engineering
Chief Financial Officer
Chief People Officer
Chief Information Officer
President, Global Field Operations
Chief Revenue Officer
Senior Vice President and General Counsel
Investors
Databricks describes its employees as innovators, builders and truthseekers, with emphasis on inclusion, diversity, equity, collaborative development and reducing bias in recruiting. Its benefits page describes a flexible model: most employees work from home much of the time and attend a weekly team day, while some roles are fully remote and office attendance can be more frequent by choice.
Work style
Flexible
Visa sponsorship
Yes
Compensation
Public H-1B Labor Condition Application data indicates substantial sponsorship activity: Ellis reports 384 H-1B LCAs and seven PERM petitions in 2025, with a median sponsored-position salary of about $153,227. Reported 2026 medians include approximately $145,000 for software engineers, $172,000 for senior software engineers and $202,000 for staff software engineers. These are visa-filing wage signals, not a universal Databricks salary band or total compensation guarantee.
Benefits
Pricing
Consumption-based pricing: pay for Databricks Units (DBUs) at per-second granularity, generally in addition to the underlying AWS, Azure or Google Cloud infrastructure bill. Customers can also use committed-use contracts for discounts; exact rates vary by cloud, workload and edition.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately $6.5B–$7.0B annualized revenue run rate as of June 2026; CNBC reported $6.9B, up more than 80% year over year. This is an annualized run rate, not audited annual revenue.
Estimated monthly visits
631.2K
Traffic estimate as of Jul 2026
Databricks announced an agreement to acquire Panther, an AI SOC/security platform, to expand its security-lakehouse and agentic detection strategy.
SourceDatabricks acquired SiftD.ai as part of its expansion into AI-driven security and Lakewatch.
SourceDatabricks announced the Lakewatch security product and acquisitions including Antimatter and SiftD.ai; the expansion increases strategic scope and integration complexity.
SourceDatabricks reported rapid AI-driven growth but also acknowledged margin pressure as customers deploy more compute-intensive AI agents.
SourceThe latest strategic financing was announced on a signed term sheet and was expected to close later in summer 2026; the company had not yet received the funds at announcement.
SourceDatabricks / Microsoft · Jul 2026
The companies extended their strategic partnership into the 2030s, deepening Azure Databricks usage and integrating Genie and Unity AI Gateway across Microsoft products.
Databricks · Jul 2026
Databricks announced a Coatue-led strategic financing term sheet at a $188 billion valuation, reportedly about $3 billion, to fund AI innovation and future acquisitions.
Databricks · Jun 2026
Databricks launched Genie One, an agentic coworker intended to let business teams use governed enterprise data for answers and actions.
Databricks · Jun 2026
The proposed Panther acquisition adds AI SOC, detection-as-code and agentic security workflows to Databricks’ Lakewatch security-lakehouse strategy.
CNBC · Jun 2026
CNBC reported Databricks’ annualized revenue reached $6.9 billion, up more than 80% year over year, while AI workload costs were putting pressure on margins.
878 jobs at Databricks