10 Hot Technology Startups For September


Databricks Raises $14 Million, Remains In Stealth Mode

An intriguing startup called Databricks attracted a lot of attention this month when it disclosed it raised $14 million in funding from high-powered venture capital firm Andreessen Horowitz.

The company's spare website (www.databricks.com) describes the startup as "using cutting-edge technology based on years of research to build next-generation software for analyzing and extracting value from data." A Form D Notice of Exempt Offering of Securities filed with the Securities and Exchange Commission Sept. 25 said the company's headquarters is in Berkeley, Calif.

CEO Ion Stoica, currently a computer science professor at the University of California at Berkeley, was a co-founder of Conviva, a developer of video stream optimization technology. CTO Matei Zaharia, an assistant professor of computer science at MIT, was the creator of Apache Spark, the open-source computer clustering technology.