DEAL_OVERVIEW
Deal Terms
Date
2025-08-26
Amount
Undisclosed
Est. Multiple
N/A
Key Talent
N/A
Integration Time
N/A
Categories
ML InfrastructureFeature StoreReal-time AI
Deal Multiples
No detailed multiples available
Strategic Rationale
Acquired the leading real-time feature store (built on a prior ~$900M valuation) to power low-latency features for personalized AI agents. Founders co-created Uber's Michelangelo ML platform; folds feature engineering and serving into the Databricks platform.
POST_ACQUISITION_TIMELINE
No post-acquisition events tracked
KEY_PEOPLE1 TRANSITIONS
MDB
Mike Del Balso
Tecton Co-founder & CEO (co-creator of Uber Michelangelo)→Databricks Real-time ML, Databricks