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. 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.In July 2023, Darabricks <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. Databricks will 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. Furthermore, it <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.The company <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 with the Delta Lake and Iceberg communities to achieve format compatibility.In Q2 2023 (ended 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%.Key customers and partnershipsAs of July 2023, 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 in 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.

A new generation for mobile connectivity with 5G and beyond

Next-gen Mobile Networks

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 AST SpaceMobile is developing the first and only space-based cellular broadband network designed to operate directly with standard, unmodified smartphones. The company's technology aims to provide global connectivity by deploying a constellation of satellites in low Earth orbit that can communicate directly with mobile devices on the ground. AST SpaceMobile's satellites, called Bluebirds, feature large communications arrays measuring 693 square feet, making them the largest commercial communications arrays ever deployed in low Earth orbit. The company's first five commercial satellites completed final assembly in July 2024 and were prepared for shipment to Cape Canaveral for a planned launch in September 2024. These initial satellites are expected to provide non-continuous service across the US with over 5,600 cells in premium low-band spectrum. AST SpaceMobile's technology utilizes the 850 MHz low-band spectrum, which offers superior signal penetration and coverage capabilities. In April 2023, the company successfully demonstrated its technology by placing the world's first call from an ordinary cellphone in Texas to another cellphone in Japan using its BlueWalker three prototype satellite. AST SpaceMobile aims to deploy up to 168 satellites to achieve global coverage, with an estimated total cost approaching USD 5 billion for the full constellation.
 
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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 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

<div>
 
 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.&nbsp;
 
 
 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&mdash;similar to a ChatGPT-style AI system&mdash;using only their internal data.&nbsp;
 
 
 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).&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 As 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 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.&nbsp;
 
 
 
 
 
 Funding and financials
 
 
 As of 
 <a href="https://sp-edge.com/updates/23839">
 September 2023
 </a>
 , Databricks completed a Series I funding round which saw participation from strategic partners like NVIDIA and Capital One Ventures and raised more than USD 500 million, with the company valued at USD 43 billion. Databricks planned to use the funding to develop its platform further and expand its reach in the AI and data analytics market​​​​​​.
 
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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.

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 Venture Fund II, L.P. specializes in investment in companies that are in their later stage of development

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