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With an overflowing war chest A $5 billion raise closed last month (Not to mention billions in revenue), Databricks is gaining.
The company, known for its cloud data analytics platform, Announce On Tuesday it was launching a new security product called Lakewatch. Lakewatch leverages Databricks’ ability to store massive amounts of data and perform classic security information and event management (SIEM) tasks, such as threat detection and investigation. She does this only with the help of AI agents powered by Anthropic’s Claude.
Databricks bought two startups to support this new product: Antimatter, in an as-yet-undisclosed deal that closed last year, and SiftD.ai, in a deal that flew together over the past two weeks and closed on Monday, the company told TechCrunch.
Terms were not disclosed for either deal. Antimatter, founded by security researcher Andrew Kryukov, raised $12 million led by New Enterprise Associates in 2022, according to PitchBook estimates. If little SiftD.ai had raised money, PitchBook wasn’t aware of it.
SiftD.ai was very small, and had very little It launched its product in November: An interactive notebook (such as a Jupiter Notebook) is intended to be a tool where people and agents work together. The Databricks team knows the startup’s co-founder CEO Steve Chang from his many years as chief scientist at Splunk (until 2021). He created the search processing language while there. (His LinkedIn He also says that he was a technical director for the astronomer, From the Coldplay CEO scandalbut left there in 2023 before founding SiftD.)
Both acquisitions were from small startups – just a few people in the case of SiftD and less than 50 people in the case of Antimatter, According to LinkedIn. SiftD appears to be an acquired company. With antimatter, Databricks may have gained some intellectual property rights as well. Kryukov demonstrated antimatter technology on stage 2024 in the RSA Sandbox Innovation Competition. Antimatter was working on a “data control plane” tool that allowed organizations to deploy agents securely, while protecting sensitive data.
While Databricks refused to disclose the number of employees it had acquired, it confirmed that the startup’s employees had already joined the company. Kryukov, who has been working at Databricks for months, leads the Lakewatch team.
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We asked Databricks if it will continue to shop for startups, and the spokesperson said, yes, it is constantly feeling its feelings. “We’re always looking to what’s next – our goal is to stay ahead of the market and fill the gaps in what our customers need,” the spokesperson said.