Topics
late
AI
Amazon
Image Credits:3alexd / Getty Images
Apps
Biotech & Health
mood
Image Credits:3alexd / Getty Images
Cloud Computing
Commerce
Crypto
initiative
EVs
Fintech
Fundraising
convenience
bet on
Government & Policy
Hardware
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
Startups
TikTok
Transportation
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
Databricks , the analytics and AI giant , has acquired data direction party Tabular for an undisclosed nitty-gritty . ( CNBC report that Databrickspaidover $ 1 billion . )
Accordingto Tabular co - founder Ryan Blue , he and Tabular ’s other two conscientious objector - founders , Daniel Weeks and Jason Reid , will be joining Databricks in some capacity . There , they ’ll work to unite Tabular ’s and Databrick ’s customer bases and community .
“ Joining Databricks means that there will be more contribution from our new workfellow , ” Blue writes in a web log post . “ While doing this , we reassure that our coming to [ our community of interests ] is not change . ”
Tabular , which was founded by Blue , Weeks and Reid in 2021 , offer data management products built on Apache Iceberg , a project Blue and Weeks developed while at Netflix and later on donated to the Apache Software Foundation . Iceberg is an open generator , high - performance formatting for databases that optimise tables in database for bountiful data while at the same time allowing datum locomotive to crop with the table .
Iceberg competed with Databricks ’ Delta Lake in the format warfare for data lakehouses — data architectures built to store large amount of money of raw data point while providing structure and direction mathematical function . While both Iceberg and Delta Lake practice the Apache Parquet data storage format , they ’re incompatible in cardinal face .
shortly , however , Delta Lake and Iceberg will meet into one . Databricks and Tabular are pledge to make for toward a common criterion in light of the acquisition news .
“ [ We will be ] working to improve Iceberg backing throughout the Databricks program , ” Blue said . “ Our destination is to ameliorate interoperability so that you could take advantage of the awe-inspiring work of both communities and do n’t require to worry about the underlying format . ”
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
The market place for data lakehouses is tremendous — accordingto MIT Tech Review , about 74 % of organization have one — and so , from Databricks ’ perspective , bringing Tabular into its incarnate menage was probably the vindicated choice . Fewer competing data lakehouse formats — or , alternatively , platforms with strong living for multiple formats — makes Databricks ’ political program more attractive to bodied clients , after all , even if those format are n’t vendor - proprietary .
In ablog postco - authored by Databricks CEO Ali Ghodsi and primary architect Reynold Xin , Databricks say that it intends to “ go close ” with the Iceberg and Delta Lake communities to “ bring interoperability to the formats themselves . ”
“ This acquisition highlights our committal to open data format and assailable origin data in the swarm , ” the blog post reads . “ This is a foresighted journey , one that will likely take several age to achieve in [ the data lakehouse ] communities . ”
Prior to the acquisition , San Jose - based Tabular had raised $ 37 million in speculation capital from investors , let in Andreessen Horowitz , Zetta Venture Partners and Altimeter Capital . Databricks says that it expects the purchase to close sometime in Q2 2024 , subject to customary ending conditions .
