Databricks participated in a $13m round for the data migration software provider two months after forming its corporate venturing unit.

US-based data mobility software developer Blitzz has rebranded to Arcion having raised $13m in a series A round featuring data analytics software provider Databricks.

Venture capital firm Bessemer Venture Partners led the round and Sakib Dadi, a vice-president at the firm, is joining the company’s board in conjunction with the deal.

Founded in 2016 as Blitzz, Arcion provides a cloud-native software platform that allows companies to replicate and move terabytes of data across different databases, applications and cloud platforms using…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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