Databricks Appoints new CFO

An organisation that provides unified data analytics to companies such as The Co-operative and TomTom, yesterday announced that they have hired a new Chief Financial Officer.

Dave Conte is now part of Databricks, a firm that specialises in machine learning and data storage technologies.  Conte brings with him a range of experience having previously being employed at Splunk and Opsware.

“We’re honored to have Dave join the leadership team. His experience leading and scaling global financial and operational functions at high-growth enterprise software companies is impressive,” Ghodsi said. “Dave brings a breadth of knowledge and proven track record to support our continued growth.”     

Conte’s experience

With 30 years of finance and administration experience in the tech industry behind him for both multi-national public and private companies, Conte has increased enterprise’s public demeanor and encouraged massive economic increase for the firms. Previously, he helped Splunk to grow from $100 million in annual revenue to more than $2 billion annually as the market leader in operational intelligence and security information management.

Before this, Conte acted as the CFO for IT automation software company, Opsware, a firm that was acquired by HP for $1.65 billion. Since 2016, Conte has also served as a member of the board of directors at Anaplan.

Joining the team

 “I’m honored to join such a high caliber team that has driven really impressive growth,” said Conte. “Enterprises continue to seek solutions that enable data-driven decision making and Databricks is well positioned to support organizations in their data journey. I look forward to adding my experience to the team and contributing to the company’s continued growth.”  

In the past year, Databricks annual recording revenue (ARR) has grown over 2.5x. It’s revenue currently stands at $200 million and with thousands of customers, is currently valued at $6.2 billion.

 

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