Databricks security push opens new opportunities for Australian tech firms
Synopsis
Databricks has acquired cybersecurity startups Antimatter and SiftD.ai while launching a new security platform called Lakewatch. The expansion reflects growing demand for enterprise security tools among cloud-based businesses, including startups and tech firms in Australia that rely on global data and analytics platforms.
Databricks has acquired two cybersecurity startups and launched a new security platform, a move that reflects growing demand among Australian cloud and tech businesses using global data platforms.
Key Highlights
- Databricks acquired Antimatter and SiftD.ai to strengthen its enterprise cybersecurity platform.
- The acquisitions support a new security product called Lakewatch focused on enterprise threat monitoring.
- The company raised more than $4 billion in 2025 at a valuation of about $134 billion.
- The move reflects growing demand for enterprise security tools among cloud and SaaS businesses globally.
Databricks has acquired two cybersecurity startups, Antimatter and SiftD.ai, as it expands its enterprise security platform alongside the launch of a new product called Lakewatch. The acquisitions are intended to strengthen how companies detect and respond to cyber threats by analysing security data across large cloud environments.
The company said the technology from both startups will be integrated into Lakewatch, a new security platform designed to collect and analyse security data from multiple systems. The move follows the launch of Databricks’ earlier “Data Intelligence for Cybersecurity” platform in September 2025.
Expansion into enterprise security
The development reflects a broader shift among global data-platform companies towards cybersecurity tools. As businesses store more information in cloud systems, demand is increasing for software that can monitor threats and protect sensitive data in real time.
This trend is relevant for companies operating in markets such as Australia, where cloud adoption among startups and small businesses has grown rapidly in recent years. Many Australian SaaS and fintech firms rely on global data platforms to manage customer data and digital services.
Acquisitions follow strong financial growth
The acquisitions come after a period of rapid financial expansion for Databricks. The company raised more than $4 billion in December 2025 at a valuation of about $134 billion, according to company disclosures reported by TechCrunch.
Databricks also reported an annual revenue run-rate of more than $4.8 billion. Earlier financial disclosures showed the company generated more than $1.6 billion in revenue in the financial year ending January 2024, with growth of more than 50 percent year-on-year.
Growing demand across global markets
The expansion into cybersecurity highlights increasing demand for enterprise security tools across North America, Europe and Asia-Pacific markets. Companies in sectors such as software services, banking, cloud computing and digital platforms are among the largest users of these tools.
Databricks’ latest acquisitions suggest the company is expanding its product strategy beyond data analytics as businesses continue to look for platforms that combine data management with security tools.
FAQs
Q1. What startups has Databricks acquired?
Databricks has acquired two cybersecurity startups, Antimatter and SiftD.ai, to strengthen its enterprise security platform.
Q2. Why is this relevant for Australian businesses?
Many Australian startups and SaaS companies use global cloud platforms like Databricks and need stronger data security tools.
Q3. What is Lakewatch launched by Databricks?
Lakewatch is a new security platform designed to monitor cyber threats and analyse large volumes of enterprise security data.
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Pooja Malik is a business journalist with over six years of experience covering startups, entrepreneurship, and emerging trends. She has previously worked with leading media platforms such as YourStory Media and BW BusinessWorld, where she reported on business, policy, and market developments. Currently, she serves as Editor at The Inspirepreneur Magazine, where she writes and edits stories across business, lifestyle, and travel, with a focus on clarity, accuracy, and reader relevance.
