Databricks Appoints Dave Conte as Chief Financial Officer

Former Splunk Executive Brings 30+ Years’ Experience to Unified Data Analytics Market Leader

 

SYDNEY, AUSTRALIA – Media OutReach – October 23,
2019 – Databricks, the leader in unified data
analytics, today announced the appointment of Dave Conte as Chief Financial
Officer, effective immediately. In his role, Conte will report directly to
co-founder and Chief Executive Officer Ali Ghodsi and lead all of the financial
and operational functions at the company. Conte brings extensive experience
most recently from Splunk and Opsware after starting his career at Ernst &
Young. 

“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 has 30
years of finance and administration experience in multi-national public and
private companies within the technology industry. Conte was Splunk’s CFO for
the last eight years, where he took the company public and helped it grow from
$100 million in annual revenue to more than $2 billion annually as the market
leader in operational intelligence and security information management. Prior
to Splunk, he was the CFO at Opsware, an IT automation software company that
was acquired by HP for $1.65 billion. Conte has also served as a member of the
board of directors at Anaplan since 2016.

 

Databricks has
grown annual recurring revenue (ARR) well over 2.5x over the past year and has
gone from almost no revenue to a $200 million revenue run rate in less than
four years. The company has thousands of customers and is valued at $6.2
billion. 

 

“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.”