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10 Cool Startups That Raised Venture Capital In February

Data analytics and storage technology companies were among the startups that hauled in new funding rounds in February.

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Databricks

Headquarters: San Francisco

CEO: Ali Ghodsi

Funding: $250 million, Series E

Investors: Andreessen Horowitz (led the round), Coatue Management, Microsoft, New Enterprise Associates

What it does: Developer of a Unified Analytics Platform for building connections across multiple, siloed data storage systems, creating data sets used by data scientists to build data models for machine learning and business analysis applications

CEO Quote: "Databricks has gone from almost no revenue to over $100 million in annual recurring revenue in just three years, putting us among the fastest growing enterprise software companies. What’s driving this incredible growth is the market’s massive appetite for Unified Analytics. Organizations need to achieve success with their AI initiatives and this requires a Unified Analytics Platform that bridges the divide between big data and machine learning."

 
 
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