Big Law
$38 Billion Software Start-up Databricks Makes Acquisition of a No-Code Company
Databricks, which was recently valued at $38 billion by investors, is putting some of that money to work in its second-ever acquisition, of German no-code start-up 8080 Labs.
8080 Labs makes bamboolib, a data exploration tool that does not require coding to use, bringing what has become one of the most-popular trends in enterprise development — the rise of low-code/no-code solutions — to Databricks’ Lakehouse Platform.
The company said in a release that 8080 Labs’ software works on “clicks, not code.”
