BEAMSTART Logo

HomeNews

Databricks to buy open-source database startup Neon for $1B

TechCrunch LogoTechCrunch18h ago

Databricks to buy open-source database startup Neon for $1B - TechCrunch

Quick Summary:

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion.

Neon has so far raised $129.5 million, according to Crunchbase, and its investors include Microsoft’s venture arm M12, General Catalyst, Menlo Ventures, and Notable Capital.

Those capabilities, Databricks says, are ideally suited to workloads run by AI agents, which operate faster than human developers but often require supervision to control for errors.

More Pictures

Databricks to buy open-source database startup Neon for $1B - TechCrunch (Picture 1)

or

Article Details

Author / Journalist: Ram Iyer

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 12:07:51 (18 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 28710520

View Article Analysis

About TechCrunch

TechCrunch Logo

Main Topics: Technology

Official Website: techcrunch.com

Update Frequency: 32 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #20

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Databricks to buy open-source database startup Neon for $1B" has 508 words across 18 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Databricks to buy open-source database startup Neon for $1B" was covered 18 hours ago by TechCrunch, a news publisher based in United States.

How trustworthy is 'TechCrunch' news outlet?

TechCrunch is a fully independent (privately-owned) news outlet established in 2005 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 32 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28710520
  • URL: https://krapivinskiy.beamstart.com/news/databricks-to-buy-open-source-17472245808771

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.