Databricks Acquires Okera

May 3, 2023

Databricks announced it will acquire San Francisco-based Okera, a startup that builds no-code, AI-powered data governance tools for managing sensitive and personally identifiable data. Financial terms were not disclosed; the deal is expected to close later this month. Okera was last valued at $100 million in 2021 and had raised nearly $40 million, the company confirmed.

Buyers
Databricks
Targets
Okera
Industry
Data & Analytics
Location
California, United States
Transaction Type
Buyout

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