Databricks stock & equity tools

Databricks, Inc. is an American software company based in San Francisco. It was founded in 2013 by the original creators of Apache Spark at the University of California, Berkeley. It offers a cloud-based platform for data analytics and artificial intelligence. It operates natively across Amazon Web Services, Microsoft Azure, and Google Cloud Platform. The platform includes an open data marketplace built on the Delta Sharing protocol, and functions as a managed AI infrastructure provider by providing proprietary foundation models—including those from OpenAI, Anthropic, and Google Gemini—directly within its secure perimeter.

Source: Wikipedia (CC BY-SA 4.0)

Born inside UC Berkeley's AMPLab in 2013, Databricks commercialized Apache Spark and grew into a unified data and AI lakehouse platform, anchored by Delta Lake, Unity Catalog, and the Mosaic AI stack absorbed via the $1.3B MosaicML deal in June 2023. Co-founders Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Patrick Wendell, Andy Konwinski, Ion Stoica, and Arsalan Tavakoli-Shiraji run the San Francisco company. The Tabular acquisition in June 2024 folded Apache Iceberg expertise into the catalog layer. A $10B Series J closed at a $62B valuation in December 2024, followed by a Series K above $100B in 2025, with an IPO widely anticipated for 2026.

Sources: databricks.com · databricks.com

Equity comp at Databricks

• RSUs use double-trigger vesting. Two things must both happen before the shares are yours: (1) the normal time-based vesting completes, and (2) the company has a liquidity event (an IPO or an acquisition). Until both happen, you do not yet own the shares and you do not owe tax on them.
• Recent share-sale events (industry term: tender offers):
  • Feb 2026: $134B implied valuation, led by Thrive Capital · databricks.com

Researched 2026-05-06.