Vancouver and California-based Datajoy Acquired by DatabricksFriday, October 21, 2022
Vancouver, BC, October 21, 2022--(T-Net)--Datajoy, which has a mix of employees in Vancouver, Canada and the US, has been acquired by US-based Databricks to accelerate their mission to unlock the value of data for everyone.
Datajoy provides a Revenue Intelligence solution that unifies an organization's customer data and gives ML-augmented insights to systematically optimize customer acquisition and retention activities.
They provide the power of a leading-edge data science practice dedicated to its go-to-market efforts, without the associated cost and effort, according to the company. Datajoy answers the top of mind questions that every revenue leader has right now while delivering the data platform that winning organizations will need for the future.
Datajoy was funded by backed by leading investors including Foundation Capital, Partech, IGSB, Bow Capital and Quarry.
The company's CEO and Co-Founder Ken Wong who formerly Led Product Management for Tableau's Core and Augmented Analytics capabilities, is based in Vancouver and will now become the Sr. Director of Product Management at Databricks.
The Datajoy product and engineering team will join Databrick's expanding presence in the Pacific Northwest.
"We believe Datajoy will help Databricks customers build upon the unique capabilities of the Lakehouse platform and will complement the vibrant ecosystem of tools offered by our partners" said the company's in a blog post.
"The opportunities presented by modern data technologies are immense, but few organizations have the ability to harness that potential," said Jon Lee, Co-founder and Executive Chairman of Datajoy. "We built Datajoy to close that gap."
With the aid of Datajoy, Databricks says it will also expand and strengthen their library of "Solutions Accelerators." Along with their partners, the company says it intends to deliver pre-built solutions that showcase the flexibility and power of the Lakehouse platform, while being as simple to deploy and manage as any modern cloud app.
"At Datajoy, we have an ambitious vision to create a single source of truth for all of the metrics that drive a business," said Ken Wong, Co-founder and CEO of Datajoy. "I cannot imagine a better way to do that than to be a part of Databricks, the only platform capable of unifying all of the different types of data beneath those numbers."
"We're thrilled to welcome Ken and the Datajoy team to Databricks. Datajoy was backed by leading infrastructure software investors Foundation Capital, Quarry Ventures, Partech Partners, and Bow Capital. The Datajoy product and engineering team will join our expanding presence in the Pacific Northwest", said Databricks in a blog post.
Terms of the acquisition have not been released.
Datajoy provides a Revenue Intelligence solution that unifies an organization's customer data and gives ML-augmented insights to systematically optimize customer acquisition and retention activities. We provide the power of a leading-edge data science practice dedicated to its go-to-market efforts, without the associated cost and effort.
Founded by a serial SaaS entrepreneur, the head of product for Augmented Analytics at Tableau, and the Chief Architect of Natural Language Search at SAP Analytics Cloud, Datajoy answers the top of mind questions that every revenue leader has right now while delivering the data platform that winning organizations will need for the future. Acquired by Databricks in October 2022.
With origins in academia and the open source community, Databricks was founded in 2013 by the original creators of Apache Spark™, Delta Lake and MLflow. As the world's first and only lakehouse platform in the cloud, Databricks combines the best of data warehouses and data lakes to offer an open and unified platform for data and AI.
Databricks is the lakehouse company. More than 7,000 organizations worldwide — including Comcast, Condé Nast, H&M, and over 40% of the Fortune 500 — rely on the Databricks Lakehouse Platform to unify their data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe. Founded by the original creators of Apache Spark™, Delta Lake and MLflow, Databricks is on a mission to help data teams solve the world's toughest problems.
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