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Databricks to acquire database startup Neon
US-based data analytics platform Databricks has struck a deal to acquire Neon, a serverless Postgres database company. While the company did not disclose the deal value, a report by Reuters said the ...
Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said ...
Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.
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