Databricks has acquired Stately Cloud to bolster its Data Intelligence Platform, improving the reliability and scalability of data and AI applications.

Information on the Target

Databricks has officially announced the acquisition of Stately Cloud, a company renowned for its expertise in the development and operation of large-scale distributed systems. The founding team, consisting of Alex Strand and Ben Hollis, has substantial experience, having previously enhanced the reliability of mission-critical operations at both Amazon and Snapchat. Their innovative approach to database schema management seeks to minimize the risk of service interruptions, a crucial element in today's fast-paced, data-driven market.

The core mission at Stately Cloud is to promote operational resilience, enabling organizations to perform essential tasks effectively. As part of Databricks, this team will bolster the Data Intelligence Platform, equipping customers with the tools necessary to build and operate Data Intelligent Applications that are robust and reliable.

Industry Overview

Databricks operates within the fast-evolving data analytics and artificial intelligence sector, a crucial component in the tech ecosystem of the U.S. The increasing reliance on data has resulted in significant growth for co