AT&T Ventures

Data Infrastructure & Analytics

Databricks offers a unified, cloud-based data lakehouse, called Databricks Lakehouse Platform, for integrating, storing, processing, governing, and sharing data for business analytics and AI initiatives. It is built based on open-source frameworks, like Apache Spark, Delta Lake, and MLflow. The company offers the platform through a usage-based (pay-as-you-go) model, and is catered toward enterprises in many industries, including manufacturing, financial services, healthcare, communications, media and entertainment, public sector, and retail.The platform allows enterprises to share data, models, dashboards, and notebooks across different platforms and tools for data science, analytics, and AI through Delta Sharing, a product developed in partnership with the Linux Foundation. It also supports automatic data ingestion and extract, transform, and load (ETL) processing through a unified API. It also offers <a href="https://sp-edge.com/updates/30386">LakeFlow</a>, an offering to integrate and simplify the various aspects of data engineering, including data ingestion, transformation, and orchestration from various sources. In addition, Databricks SQL, a serverless data warehouse on Lakehouse Platform, allows enterprises to run SQL and BI applications to gain insights from stored data.Furthermore, Databricks offers managed services for MLflow, an open-source platform that provides features for the development, management, deployment, and monitoring of ML models. In addition, the <a href="https://www.prnewswire.com/in/news-releases/databricks-introduces-new-generative-ai-tools-investing-in-lakehouse-ai-301865232.html">Lakehouse AI</a> tools featured within the Lakehouse platform allow developers to build Gen-AI applications using foundational models to train their own custom models securely with its enterprise data.Databricks resorted to acquisitions to enhance its product suite. In July 2023, it <a href="https://sp-edge.com/updates/19683">acquired MosaicML</a>, an ML model development platform for GenAI applications, in a transaction valued at approximately USD 1.3 billion, to integrate MosaicML's platform within the Lakehouse platform, offering organizations a unified platform with tools to create and manage large language models (LLMs) and a wide range of AI use cases, including GenAI, using their own data. It also <a href="https://sp-edge.com/updates/23006">agreed to acquire Arcion</a>, a database replication platform, for ~USD 100 million in October 2023. After finalization, Databricks aimed to integrate Arcion’s technology into its existing platforms, including MosaicML. Furthermore, Databricks <a href="https://sp-edge.com/updates/30204">acquired Tabular</a>, a data management company, for over USD 1 billion in June 2024. Post acquisition, both companies planned to collaborate to improve the interoperability of the Lakehouse platform working closely with the Delta Lake and Iceberg communities.In FY2023 (ending January 31, 2024), Databricks generated over USD 1.6 billion in revenue, primarily driven by its Databricks SQL product (data warehousing), which grew more than 200% YoY, reaching a run rate of over USD 250 million. The company also reported a customer retention rate of 131%, with an expansion rate of 140%, indicating that customers were purchasing more of Databricks' offerings.Key customers and partnershipsAs of August 2024, Databricks had over 10,000 customers worldwide, which includes renowned companies like S&amp;P Global, Adobe, Toyota, Nasdaq, and NASA.Databricks partnered with no-code extract, transform, and load (ETL) platform Hevo Data (July 2022) to provide automated data integration into the lakehouse for mutual customers. This enabled customers to deploy ETL pipelines on Hevo Data within Databricks. It also partnered with NVIDIA (June 2024) to optimize data and AI workloads by integrating NVIDIA CUDA accelerated computing into its Data Intelligence Platform.

A new generation for mobile connectivity with 5G and beyond

Next-gen Mobile Networks

AST SpaceMobile is building the first and only global broadband cellular network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio. The company's team of engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. The company was founded on May 31, 2017 and is headquartered in Midland, TX.

The toolkit to build machine learning applications at scale

Machine Learning Infrastructure

Databricks offers a range of data infrastructure and data analytics solutions such as data lakes, data warehouses, data governance, and more, which are also being used for processing data across machine learning applications.Databrick’s offers a managed service for MLFlow, an open-source platform that provides features for development, management, deployment, and monitoring of ML models. MLFlow also includes a centralized model registry to store and collaborate on ML models, along with features for version control and integration with enterprise CI/CD pipelines. MLFlow supports deployment using Apache Spark for local machines, along with cloud deployment via Microsoft Azure ML and Amazon Sagemaker. MLFlow was initially built by Databricks, but it is now open-sourced and managed by the Linux Foundation.In addition, the Lakehouse AI tools featured within the Lakehouse platform allow developers to build Gen-AI applications using foundational models to train their own custom models securely with its enterprise data.In July 2023, Darabricks <a href="https://sp-edge.com/updates/19683">acquired MosaicML </a>, an ML model development platform for generative AI applications, in a transaction valued at approximately USD 1.3 billion, inclusive of retention packages. The acquisition will integrate MosaicML's platform within the Databricks' Lakehouse platform, offering organizations a unified platform with tools to create and manage large language models (LLMs) and a wide range of AI use cases including generative AI using their own data.Key customers and partnershipsAs of September 2023, Databricks had a customer base exceeding 10,000 worldwide, which includes renowned companies like S&amp;P Global, Adobe, Toyota, Nasdaq, and NASA.In&nbsp;<a href="https://sp-edge.com/updates/32463">August 2024</a>, Databricks partnered with Lenovo to enable easier AI adoption among Lenovo’s customers by leveraging the Databricks’ data management capabilities.&nbsp;Earlier in October 2022, Databricks partnered with the no-code extract, transform, and load (ETL) platform Hevo Data to provide automated data integration into the lakehouse for mutual customers. This enabled customers to deploy ETL pipelines on Hevo Data within Databricks.It also partnered with Credo AI, an AI governance platform (<a href="https://sp-edge.com/updates/25683">in January 2024</a>), to integrate the latter’s governance platform to assist organizations in tracking and managing AI risks and complying with emerging regulations. The company also has several collaborations with NVIDIA, including the integration of NVIDIA CUDA accelerated computing into Databricks' Data Intelligence Platform, and developing native support for NVIDIA-accelerated computing in its next-generation query engine, Photon, which will lead to faster and more efficient data management.Funding and financialsIn September 2023, the company raised more than USD 50 million in a <a href="https://sp-edge.com/updates/21866">Series I</a> funding round at a USD 43 billion valuation. The round was led by T. Rowe Price, with participation from Andreessen Horowitz, Capital One Ventures, Ontario Teachers' Pension Plan, and NVIDIA. The funds were to be used to support the continued growth of Databricks and its unified data and AI platform.In 2Q 2023 (ending on July 31, 2023), Databricks reported to have exceeded USD 1.5 billion in revenue run rate (a 50% YoY increase), while achieving a non-GAAP subscription gross margin of 85%.

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

Databricks, a data and AI company established by the original developers behind prominent Big Data solutions such as Delta Lake, Apache Spark, and MLflow, and provides organizations with AI and data analytics tools for efficient management of their data.Databricks' primary product is the Databricks Lakehouse platform, a unified data intelligence platform that merges a data warehouse and data lake to provide developers with efficient access to data and enables enterprise customers to create their AI models—similar to a ChatGPT-style AI system—using only their internal data.Databricks Unity Catalog, part of the Databricks Lakehouse Platform, provides unified governance for structured and unstructured data, machine-learning models, notebooks, dashboards, and files across various environments, offering automated monitoring, proactive alerts, and seamless data sharing through Delta Sharing integration. Furthermore, Databricks offers an open architecture that streamlines the AI development process, allowing the integration of various LLMs such as Llama 2, Azure OpenAI, and Anthropic, enabling customization with enterprise data for tailored model creation.Notably, Lakehouse leverages NVIDIA technology for accelerated data processing and AI model generation. Databricks also offers industry-specific solutions like Databricks Lakehouse for Healthcare, Financial Services, Retail, and Manufacturing.Databricks has expanded its offerings through multiple acquisitions, including MosaicML ( <a href="https://sp-edge.com/updates/19683">July 2023 </a>), Arcion ( <a href="https://sp-edge.com/updates/23041">October 2023 </a>), Okera ( <a href="https://sp-edge.com/updates/18197">May 2023 </a>), and Datajoy (October 2022). Key customers and partnershipsAs of July 2023, Databricks served a global customer base of approximately 10,000, including notable customers such as Comcast, DuPont, Honeywell, Rolls-Royce, Shell, and Tata Steel.Notable partnerships include collaboration with NVIDIA to incorporate NVIDIA TensorRT-LLM into its inference service and a partnership with Hevo-Data to automate data integration into the lakehouse for mutual customers (October 2022).Databricks also partnered with Karini AI to accelerate GenAI deployment for enterprises (<a href="https://sp-edge.com/updates/33687">September 2024</a>)Databricks also provides an LLM Mesh partner program; it has partnered with firms such as <a href="https://sp-edge.com/updates/24218">Dataiku </a>where an emphasis is placed on comprehensive data access, enabling tight integration of GenAI applications with enterprise data.

Derq uses AI to power a real-time predictive analytics platform, helping eliminate crashes, save lives, and create safer and smarter roadways.  We create a unified view of all road users and predict their movement 24/7, leveraging inputs from existing infrastructure and existing or easily deployable cameras and other sensors.  Our analytics platform feeds a live dashboard available to road owners and operators and sends alerts to connected vehicles and infrastructure through our patented V2X technology.

Cyera is a data security company that gives businesses deep context on their data, applying proper, continuous controls to assure cyber-resilience and compliance. Cyera takes a data-centric approach to security across your data landscape, empowering security teams to know where their data is, and what exposes it to risk, and take immediate action to remediate exposures. Backed by leading investors, including Sequoia, Accel, Cyberstarts, and Redpoint Ventures, Cyera is redefining how companies secure data in the cloud.

Carbyne engages in providing cloud-native mission-critical contact center solutions. Today, Carbyne is the largest rich-data provider for mission-critical centers, delivering over 250M data points per year all in a unified platform. Its contact center technologies enable emergency contact centers and selected enterprises to connect with callers or any connected devices via highly secure communication channels without downloading a consumer app. With a mission to redefine emergency collaboration and connect the dots between people, enterprises, and governments, Carbyne provides a unified cloud-native solution that provides live actionable data that can lead to more efficient and transparent operations and ultimately save lives. With Carbyne, every person counts.

AST SpaceMobile is building the first and only global broadband cellular network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio. The company's team of engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. The company was founded on May 31, 2017 and is headquartered in Midland, TX.

Databricks is a software platform that helps its customers unify their analytics across the business, data science, and data engineering. It also provides a Unified Analytics Platform for data science teams to collaborate with data engineering and lines of business to build data products.

Pathfire, Inc. provides digital media distribution and management solutions to the television, media, and entertainment industries. The company offers Digital Media Gateway, a digital IP store-and-forward platform, delivering news stories, syndicated programming, advertising spots, and video news releases to broadcasters. It provides solutions for content providers and broadcasters, as well as station solutions.   The company was formerly known as Video Networks, Inc. and changed its name to Pathfire, Inc. in January, 2001. Pathfire, Inc. was founded in 1996 and is based in Roswell, Georgia. As of June 4, 2007, Pathfire, Inc. operates as a subsidiary of DG FastChannel, Inc.

Advanced Telecom Group is a telecommunications service provider based in Washington. The company offers services related to telephone and voice mail systems installations, service, and repair. It also offers voice, data, fiber, and video cabling services.

Dash.com is a developer of a Web mobile shopping portal.

AT&T Ventures invests in companies that drive innovation in connectivity, IoT, artificial intelligence and more.

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