Databricks was ready for the recession. Now the start-up is poised to go public next year
June 16, 2020 at 11:36 AM EDT
Databricks, whose software helps companies process large data sets, has grown rapidly while also cutting costs to prepare for an economic downturn. The company made CNBC's 2020 Disruptor 50 list after reaching $200 million in annualized recurring revenue last year, it was announced Tuesday.