Databricks, a provider of machine-learning and data-analytics software, has hired Salesforce veteran Andy Kofoid as its new sales chief in advance of an expected initial public offering in the coming months. Kofoid joined Salesforce in its 2013 acquisition of marketing automation company ExactTarget, where he was executive vice president and chief operating officer, and previously held sales...
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Databricks Hires Salesforce Veteran, Raises $1.6 Billion in New Funding
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When JPMorgan Chase struck a $400 million deal to buy WePay in late 2017, it pledged that the Bay Area fintech would become “Chase’s payments innovation incubator in Silicon Valley,” helping the country’s biggest bank compete with surging startups Stripe and Square and payments companies like PayPal. But it didn’t all go to plan. As the bank tried to digest the...
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