Less than two years after emerging from stealth, Vancouver’s Datajoy has been acquired by San Francisco headquartered Databricks.
Datajoy simplifies business teams’ ability to be more data-driven by removing the need for deep expertise in data engineering to make sense of their data. As a result, companies across every industry can more quickly discover insights to drive revenue growth, increase operational efficiency, and uncover new market opportunities.
“The opportunities presented by modern data technologies are immense, but few organizations have the ability to harness that potential,“ said Jon Lee, Co-founder and Executive Chairman of Datajoy. “We built Datajoy to close that gap.”
Datajoy was co-founded by Lee and CEO Ken Wong (ex-Tableau) and raised a USD $6 million seed round last year led by Foundation Capital.
“We believe Datajoy will help Databricks customers build upon the unique capabilities of the Lakehouse platform and will complement the vibrant ecosystem of tools offered by our partners,” announced Databricks on their blog.
The Datajoy product and engineering team will join Databricks expanding presence in the Pacific Northwest.
“At Datajoy, we have an ambitious vision to create a single source of truth for all of the metrics that drive a business,” added DataJoy’s Wong. “I cannot imagine a better way to do that than to be a part of Databricks, the only platform capable of unifying all of the different types of data beneath those numbers.”
Databricks has two co-founders with Canadian roots, Chief Architect Reynold Xin, a University of Toronto alum, and Chief Technologist Matei Zaharia, who grew up in Toronto and went to the University of Waterloo.
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