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Blokees exhibits Multiple IP Series Products at Spielwarenmesse 2025 in Nuremberg

SHANGHAI, Feb. 5, 2025 /PRNewswire/ — The Spielwarenmesse International Toy Fair, one of top three toy-specialised trade fairs, has been officially held in Nuremberg from January 28 to February 1, 2025. At this sensational event, Chinese brand Blokees exhibits a wide range of building block figure toy sets based on world-renowned IPs, including Ultraman, Transformers, Hero Infinity, Naruto, Saint Seiya, and Sesame Street.

Chinese brand Blokees exhibits a wide range of building block figure toy sets based on world-renowned IPs
Chinese brand Blokees exhibits a wide range of building block figure toy sets based on world-renowned IPs

With its signature orange logo and extensive product matrix, Blokees stands in spotlight of the exhibition. The Blokees Transformer-themed series offers multiple collections to seize the minds of different age groups. Besides, the Sesame Street figures, which made their debut in Singapore, would also be exhibited this time in Nuremberg. This product features a new type of block figure that perfectly captures the unique personality of each character with matching accessories and gameplay offering fans a fresh experience. The Blokees collaboration with Sesame Street is a multi-territory deal spanning 40 countries worldwide.

Blokees hopes that global fans will engage in BFC (Blokees Figures Creator) to foster new development and encourage users to express their own ideas through secondary creations. In addition to the diverse product matrix, the BFC Works Display Zone is another highlight. The exhibited BFC works incorporate elements like aging and battle damage into above IPs such as Hero Infinity, Ultraman, and Transformers, creating distinctively new forms for those block figures. As Blokees accelerates its global expansion, the BFC community is set to become an international platform that connects players across borders through its products and gameplay.

With over 50 globally licensed IPs, Blokees demonstrates its innovation capability in global IP collaborations and product development. The brand’s success is backed by its strong R&D support, with which Blokees has obtained over 500 patents securing its unique product matrix. Guided by a “Universally appealing, Stepwisely pricing, Globally promoting” strategy, Blokees is expanding its business worldwide, with orders from U.S to Southeast Asia and to Europe. Up to now, Blokees has gotten over a million followers on overseas social medias.

Significantly, Blokees exhibits its R&D capabilities and global ambitions on the Spielwarenmesse International Toy Fair. Looking ahead, Blokees will continue to promote China’s development in building block figure toy industry on the global stage.

EyeYon Medical Expands into China with New Subsidiary

ZHUHAI, China, Feb. 5, 2025 /PRNewswire/ — EyeYon Medical is proud to announce its expansion in China with the establishment of a new subsidiary, Zhuhai EyeYon Medical Technology Co., Ltd. (珠海爱眼医疗科技有限公司), which will address unmet market needs as well as accelerate its growth trajectory. This strategic move underscores a significant commitment to expanding its reach and impact in a key global market. The establishment of this subsidiary represents a substantial investment in the future of EyeYon Medical, demonstrating confidence in the potential of the Chinese healthcare market and the company’s ability to contribute meaningfully to it. It also allows EyeYon to better serve the unique requirements of Chinese patients and healthcare providers, fostering stronger relationships and improving access to its innovative technologies. The company anticipates significant growth opportunities through this move, positioning itself for continued success in the years to come.

Nahum Ferera, the company CEO & Co- founder together with Han Pengxiang 韩鹏祥Senior China Clinical Manager, Zhao Xinshan 赵新山China Clinical Manager and the bank representative.
Nahum Ferera, the company CEO & Co- founder together with Han Pengxiang 韩鹏祥Senior China Clinical Manager, Zhao Xinshan 赵新山China Clinical Manager and the bank representative.

EyeYon Medical’s expansion into China is driven by a profound understanding of the significant unmet needs within the country’s ophthalmology sector. In particular, there will be a focus on corneal blindness, with more than 4 million patients in line for a cornea. By establishing a local presence, EyeYon can effectively navigate the complexities of the Chinese healthcare system, ensuring efficient regulatory processes and streamlining market entry. This localized approach enables the company to tailor its innovative EndoArt to the specific needs and preferences of Chinese patients and healthcare professionals.

“We are incredibly excited to announce the establishment of our new subsidiary, a significant step in strengthening our commitment to the Chinese market,” said Nahum Ferera, CEO. “This expansion allows us to directly address the unmet needs within the region and significantly intensify our growth trajectory.”

The new subsidiary will focus on several key areas to ensure its success in the market. These include:

  • Product localization: Adapting existing products to meet the specific needs and regulatory requirements.
  • Strategic partnerships: Collaborating with key players in the Chinese healthcare ecosystem to expand reach and market penetration.
  • Clinical studies: Conducting clinical trials to demonstrate the efficacy and safety of EyeYon Medical’s products.
  • Regulatory compliance: Ensuring full compliance with all relevant regulatory standards and guidelines.
  • Talent acquisition: Recruiting and retaining highly skilled professionals to support the growth and operations of the subsidiary.

EyeYon Medical’s commitment to China extends beyond simply establishing a subsidiary. The company is deeply invested in fostering long-term relationships with local healthcare professionals, research institutions, and government agencies. This collaborative approach ensures that EyeYon Medical’s technologies are integrated seamlessly into the existing healthcare infrastructure, maximizing their impact on patient care. The company is also actively involved in supporting local communities through educational initiatives and philanthropic activities, further strengthening its ties with the region.

EyeYon Medical is revolutionizing eye care with EndoArt®, the world’s first synthetic corneal implant for chronic edema. A groundbreaking alternative to donor tissue, EndoArt® is always available, rejection-free, and cost-effective. This innovative implant restores corneal clarity and vision, offering new hope to millions worldwide.

Media Contact: info@eye-yon.com 

 

MAHLE Aftermarket Chooses Getac Rugged Solution to Power New Android-Based Diagnostic Tool

TAIPEI, Feb. 5, 2025 /PRNewswire/ — Getac Technology Corporation (Getac), a leading global provider of rugged computing solutions, has joined MAHLE Aftermarket in the development of its new diagnostic tool, which is built on the Android operating system and powered by Getac’s fully rugged hardware. The strategic project presents a new milestone for Getac, validating the company’s ability to provide complete tailor-made solutions on a global scale.

MAHLE Aftermarket Chooses Getac Rugged Solution to Power New Android-Based Diagnostic Tool
MAHLE Aftermarket Chooses Getac Rugged Solution to Power New Android-Based Diagnostic Tool

“We are proud to be part of this strategic project, working with MAHLE Aftermarket to provide a rugged solution that meets the needs of the automotive aftermarket. Our goal is to help workshops around the world solve their daily challenges as quickly and efficiently as possible using innovative digital technology,” says James Hwang, President of Getac Technology Corporation.

MAHLE Aftermarket was looking for a reliable technology provider that could support its operations on a global level and proactively assist in its mission to drive innovation through technology. The new automotive aftermarket project involves a rugged hardware solution, which will be supplied to multi-brand specialist garages, with the aim of guaranteeing them high quality standards and helping them improve the customer experience.

Workshops often encounter challenging conditions, such as dust, grease, humidity, and temperature fluctuations, so proposing a rugged solution was the best technological choice for MAHLE Aftermarket. The need was to identify a total solution that included a compact, yet fully rugged Android Enterprise Recommended tablet that combined portability, mobility, features and accessories, to help workshops solve their daily challenges more efficiently.

“After extensive market research, we chose Getac for its global automotive experience and its ability to provide tailor-made solutions based on our specific requirements,” says Daniel Hessenauer, Head of Global Product Management Service Solutions for MAHLE Aftermarket.

About MAHLE Aftermarket:

MAHLE Aftermarket, the business unit specializing in spare parts, uses the expertise from original equipment series production for its product range and supplies partners in the trade, workshops, and engine repair shops. The products developed by the MAHLE Service Solutions business segment for workshop equipment, as well as comprehensive services and individual training offers, round out the offer. MAHLE Aftermarket operates out of more than 30 locations around the world and has additional sales offices with more than 1,900 employees. In 2023, the business unit recorded a sales volume of more than EUR 1.26 billion globally. (as of 31.12.2023)

About Getac:

Getac Technology Corporation is a global leader in AI-capable rugged mobile technology and intelligent video solutions, including laptops, tablets, software, body-worn cameras, in-car video systems, digital evidence management and enterprise video analytics solutions. Getac’s solutions and services are designed to enable extraordinary experiences for frontline workers in challenging environments. Today, Getac serves customers in over 100 countries spanning defence, public safety, ambulance, fire & rescue, utilities, automotive, natural resources, manufacturing, transport, and logistics. Getac was recently recognized as one of Newsweek’s “World’s Most Trustworthy Companies” for 2024. For more information, visit: http://www.getac.com. Participate in the Getac Industry blog or follow the company on LinkedIn and YouTube

Getac and Getac logo are trademarks of Getac Holdings Corporation or its affiliates. Other brands or trademarks are the property of their respective owners. ©2025 Getac Technology Corporation.

Allianz Partners Announces Dominic Gantner as Managing Director for Greater Southeast Asia

SINGAPORE, Feb. 5, 2025 /PRNewswire/ — Allianz Partners, a world leader in insurance and assistance services, has announced the appointment of Dominic Gantner as Managing Director for Greater Southeast Asia (GSEA), effective March 1, 2025. Dominic will succeed Steve Watkins, who will retire after more than 20 years of distinguished service with the company.

Dominic Gantner, Managing Director, Allianz Partners Greater Southeast Asia
Dominic Gantner, Managing Director, Allianz Partners Greater Southeast Asia

In his new role, Dominic will lead Allianz Partners’ operations across GSEA, which includes key markets such as Thailand, Vietnam, Malaysia, Singapore, and Indonesia. He will report to Vinay Surana, Regional Managing Director for Asia Pacific, Middle East, and Africa.

Vinay Surana, Regional Managing Director, said: “We are delighted to welcome Dominic Gantner as Managing Director for Greater Southeast Asia. Dominic brings extensive leadership experience and a proven track record of driving growth and innovation across diverse markets. I would also like to thank Steve for his long service and outstanding contribution to our business, culture, and colleagues in the region. We wish him all the very best in his future endeavors.”

Since joining Allianz Partners in 2019, Dominic has held key leadership positions, including Chief Sales Officer and Managing Director for Southeast Europe. He helped to transform this region from a traditional travel insurance operation into a multi-line business, delivering consistent growth across 12 markets, including Romania, Hungary, Bulgaria, and Croatia.

Dominic brings extensive experience in expanding different business segments including Mobile Device and Digital Risk, Roadside Assistance, and Mobility businesses, particularly in collaboration with brokers, banks, and Allianz Operating Entities. Before joining Allianz Partners, he held leadership positions across the insurance and finance sector in Germany, the UK, and Austria. He holds a Master of Business Administration.

Dominic Gantner, Managing Director for Greater Southeast Asia, said: “I am honored to step into this role and continue Steve Watkins’ outstanding work in the region. My focus will be on building sustainable growth, fostering collaboration across markets, and delivering innovative solutions to meet the needs of our partners and customers.”

About Allianz Partners

Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, mobility and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners’ businesses, sold through intermediary channels or directly to customers through the Allianz brand. Present in over 75 countries, our 21,900 employees speak 70 languages, handle over 72.5 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world. 

For more information, please visit: www.allianz-partners.com

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Marketplace Shake-Up: Amazon Thrives, Catch Closes, Chinese Platforms to Stall

Pattern Releases 2025 Australian Marketplace Consumer Report

MELBOURNE, Australia , Feb. 5, 2025 /PRNewswire/ — Australia’s marketplace sector is rapidly transforming, with Amazon strengthening its dominance, Wesfarmers closing Catch, and doubts growing around Temu and Shein, according to new research from ecommerce and marketplace accelerator, Pattern.

Amazon stock
Amazon stock

The findings, published in Pattern’s ‘2025 Marketplace Consumer Report, reveal that marketplaces are now an indispensable part of the online shopping ecosystem, with 94% of Australians purchasing from one in the past 12 months.

“Amazon’s increasing prominence in product discovery, its substantial Prime membership base, and the upcoming launch of the price-competitive platform called ‘Haul’ have solidified its position as Australia’s leading marketplace,” explains Merline McGregor, Managing Director for Pattern Australia. “Meanwhile, Catch has closed, Kogan and MyDeal are growing —although from smaller customer bases than the market’s frontrunners—and early enthusiasm for low-cost Chinese marketplaces appears to have peaked as they struggle to meet shopper expectations.”

Chinese marketplace growth to stall

New research indicates that high-profile Chinese marketplaces Temu and Shein risk losing shoppers in 2025. Although these platforms have rapidly captured market share, only 12% of consumers trust Temu for its product quality, leading to a predicted 7% drop in shoppers. Shein faces similar challenges, with trust levels at just 11%.

“Many Australians trialled Temu and Shein over the last eighteen months due to aggressive pricing and large marketing campaigns. Yet early adopters have found these marketplaces unreliable. Although they may still expand in the future, Temu and Shein face a significant challenge in legitimising themselves within the Australian market and delivering on the customer experience,” observed McGregor.

Alarmingly for the Chinese marketplaces, only 43% of shoppers would consider buying from Temu in 2025, and even this may hinge on improvements in quality and delivery. For Shein, expanding into categories like home and beauty is yet to offset concerns about its core offerings.

Amazon extends its lead

Amazon has cemented its position as Australia’s leading marketplace. The platform attracted 1.1 million new Australian users in 2024, bringing its total to 7.9 million shoppers, accounting for 10% of the country’s total online shopping spend1.

The outlook for Amazon is incredibly strong with a significant 63% of Australians planning to shop on the platform in 2025. Its appeal is particularly strong among younger shoppers (71% of those aged 18-24) and high-income households earning over $200,000 annually (78%).

“Amazon’s focus on fast delivery, quality products, and a seamless shopping experience sets it apart,” said McGregor. “While Chinese platforms have disrupted the market, Amazon’s trusted reputation and ability to adapt—such as the launch of its low-cost ‘Haul’ storefront—ensure it stays ahead.”

Consumers discover new products on marketplaces today 

Australian shoppers are also changing how they research and discover new products online, with traditional search giant, Google, experiencing a 7% decline in people using the platform for new product discovery.

At the same time, the share of consumers who begin their product research on Amazon has risen by 27% year on year, highlighting the platform’s growing impact on purchase decisions.

In 2024, 63% of shoppers bought a product that they had never purchased from Amazon before and 38% visited a brand’s website after discovering it on the platform.

“Online marketplaces play a pivotal role in how shoppers discover and evaluate new products,” said McGregor. “Their extensive variety, combined with transparent customer feedback empowers consumers to explore unfamiliar brands with greater confidence.”

What products will consumers buy from which marketplace in 2025?

Pattern’s research asked consumers what they were likely to buy in 2025 and through which marketplace, with the results indicating:

  • Amazon’s key shopper categories are Books & eBooks (37%), Electronics & Computer (24%) and Home & Kitchen (24%).
  • eBay is competitive across a range of categories, including Electronics & Computer (20%), Books & eBooks (17%) and Clothing, Shoes & Accessories (16%).
  • Temu attracts shoppers with Clothing, Shoes & Accessories (20%), Home & Kitchen (14%).
  • Shein maintains its appeal in Clothing, Shoes & Accessories (19%), while its expansion beyond fashion drives growth in categories like Skincare & Make-up (7%) and Home & Kitchen (6%).
  • Kogan remains strong in Electronics & Computer (11%) and Home & Kitchen (8%).
  • My Deal gains consumer interest for Home & Kitchen (5%) and Clothing, Shoes & Accessories (5%).

“Marketplaces in Australia are set for strong growth in 2025, driven by the strong consumer pull toward convenience, competitive pricing, and rapid delivery. With 94% of Australians already shopping on these platforms, brands can’t afford to sit on the sideline. They must be present where consumers shop. To attract new customers and succeed in a competitive online shopping environment, brands need a dedicated marketplace strategy and to collaborate with specialists like Pattern to maximise their impact,” concluded McGregor.

For more information and to download the full report please click here: ‘2025 Marketplace Consumer Report

About Pattern Inc

Pattern is the category leader in global ecommerce and marketplace acceleration. It is the number one reseller on Amazon globally, selling over $3 billion of product each year into 60 countries. Since 2013, Pattern has profitably grown to over 2,000 employees operating from 24 global locations – including Melbourne, Sydney and the Gold Coast – to help leading brands achieve accelerated growth on D2C websites and global ecommerce marketplaces. Pattern is also present on Tmall, JD.com, eBay and other ecommerce marketplaces. We act as the authorised Amazon seller to more than 300 brands globally, buying their stock to sell on the marketplace and taking care of every aspect of their Amazon presence. For more information, visit https://au.pattern.com/

1 Roy Morgan. (August 2024). SHEIN and Temu Continue to Grow Strongly.

 

Lorikeet Secures $9 Million in Additional Funding as Market Demand Surges for its AI Customer Support Agents

New funding to be used to expand Lorikeet’s platform and market presence, helping more companies across complex and regulated industries use AI agents to offer human quality support at scale 

SYDNEY, Feb. 5, 2025 /PRNewswire/ — AI customer experience pioneer Lorikeet today announces it has raised an additional AUD $9 million in funding from Blackbird and its existing investors Square Peg and Skip Capital, fueled by breakout growth in 2024 across key financial centers in Australia, Asia, and the US and just four months after announcing its USD $5 million seed round fundraise last year.

Since launching in October 2024, Lorikeet has increased bookings by 3.5 times, and added several unicorns and public companies in the US and Australia as customers and pilot partners, including market leaders such as Eucalyptus in healthcare, Step in banking, and MagicEden in Cryptocurrency. The new funding will be used to further enhance Lorikeet’s intelligent graph technology, expand the company’s enterprise capabilities, and accelerate go-to-market initiatives across key industries including healthcare, financial services, technology, and more.

Customer experience as we know it is broken. Support teams are scattered across time zones, struggling with sky-high turnover rates while customers wait hours or days for help. Basic AI chatbots have failed to fix the problem – they’re too rigid to handle anything beyond simple FAQ responses. Even highly funded Silicon Valley darling startups have failed to ship products that can reliably handle complex support cases. Lorikeet is changing that with an AI platform that doesn’t just match human agents, but can also uniquely handle complex support queries involving confidential patient information, movement of digital currencies, and more.

“We’re not satisfied with using AI to simply summarize FAQs, or implementing architectures passed on by OpenAI,” said Steve Hind, Lorikeet’s co-founder and CEO. “Our intelligent graph architecture is purpose-built ground up to enable AI agents to reliably handle complex workflows  in highly regulated industries that were previously impossible for AI to handle.”

The company’s proprietary intelligent graph technology orchestrates sophisticated workflows for tasks ranging from secure credit card replacements to effective triage of medical issues and cryptocurrency transaction verification. Lorikeet’s AI agents are distinctive in their ability to deliver high quality interactions on complex, multi-conditional customer problems, engage on highly sensitive or regulated topics, while knowing what they don’t know, so that they can avoid giving incorrect answers.

Eucalyptus, a global telehealth player, increased customer satisfaction scores (CSAT) by 10 points while doubling support volume in a year without growing the team. Magic Eden, a top NFT Hub who was facing surges in support volume due to the cryptocurrency bull market and increased interest and usage of their mobile app, adopted Lorikeet to handle the volume while seeing CSAT increase to 75%, up from 45% with their previous AI agent provider. Breeze, APAC-based fintech, was able to independently resolve 40% of their complex support volume with Lorikeet within 30 days, including questions about KYC reviews, transaction statuses and declines.

Global Growth From Down Under

“The Australian technology ecosystem continues to produce world-class innovations in artificial intelligence, and Lorikeet stands out as a prime example,” said Tom Humphrey, Partner at Blackbird. “The team’s product approach to solving complex customer support challenges through advanced AI workflows is differentiated. Support is perhaps the highest impact and lowest hanging fruit opportunity for enterprise adoption of AI, and the market scale is absolutely enormous.”

Lorikeet has seen strong traction globally, with special momentum in the U.S. across healthcare providers, financial institutions, and technology companies. The company has plans to aggressively expand into the United States, while also growing its local team in Sydney.

“What sets Lorikeet apart is our fundamental understanding that effective customer support requires more than just conversational AI,” said Jamie Hall, Co-founder and CTO of Lorikeet. “Our intelligent graph technology is unique in its ability to both solve complex customer inquiries and know what it doesn’t know to avoid giving incorrect answers or engaging on highly sensitive or regulated topics.”

For more information about Lorikeet’s AI-powered customer support platform, visit www.lorikeetcx.ai.

About Lorikeet

Lorikeet is revolutionizing customer experience with the most powerful AI support platform on the market. Through its pioneering intelligent graph technology, Lorikeet enables enterprises to deliver consistent, high-quality customer support at scale. Founded in Sydney, Australia, Lorikeet serves global customers across healthcare, financial services, technology, and other industries where complex, secure customer interactions are mission-critical. Learn more at www.lorikeetcx.ai.

match.asia Redefines the M&A Process with Launch of AI Agent, match NAVI

SINGAPORE, Feb. 5, 2025 /PRNewswire/ — match.asia, Southeast Asia’s premier M&A platform, has launched match NAVI, its proprietary AI Agent that leverages cutting-edge technology to automate key aspects of the mergers and acquisitions (M&A) process. With a curated marketplace model and a success-fee-only structure, match.asia is revolutionizing how M&A is conducted across the region, currently connecting over 250 sellers with a global network of 1,000+ investors.

Initially, match NAVI addresses two major challenges in the M&A process: investor outreach and marketing material preparation.

“Our mission is to connect every seller and adviser on our platform with the best global buyers for their business,” said Patrick Linden, Co-Founder of match.asia. “With match NAVI, what used to take weeks—manually researching, identifying, and reaching out to a curated investor list—can now be accomplished in a fraction of the time, ensuring greater speed and precision.”

The platform also utilizes AI to create high-quality M&A marketing materials, such as teasers and investment memorandums. “By leveraging advanced AI automation, we’ve significantly enhanced efficiency and quality, saving time and reducing costs while delivering better outcomes,” added Marcus Yeung, Co-Founder of match.asia.

These innovations solidify match.asia’s position as an industry leader, committed to making the M&A process better, more efficient, and accessible to a wider range of sellers, advisers, and investors.

For more information, visit www.match.asia.

About match.asia
match.asia is an AI-driven M&A platform that connects sellers, advisers, and buyers of Southeast Asian companies. By combining advanced AI with a marketplace model, match.asia simplifies and accelerates the M&A process, making it more cost-effective, efficient, and successful for all parties involved.

Databricks Acquires BladeBridge Technology and Talent to Accelerate Data Warehouse Migrations

Together, Databricks and the BladeBridge team will support enterprise migrations to Databricks SQL, which has surpassed a $600 million revenue run rate

SAN FRANCISCO, Feb. 5, 2025 /PRNewswire/ — Databricks, the Data and AI company, today announced that it has welcomed the team behind BladeBridge, a leading provider of AI-powered enterprise data warehouse migration solutions, to Databricks. Together, Databricks and BladeBridge will help organizations streamline the code assessment and conversion process vital to data warehouse migrations to Databricks SQL from Snowflake, Teradata and other sources with a proven, LLM-driven approach. Ultimately, this enhanced migration process will help customers quickly and seamlessly transition to the Databricks Data Intelligence Platform.

Organizations are increasingly looking to modernize their siloed, legacy data warehouses to Databricks SQL, Databricks’ intelligent data warehouse. This shift allows them to capitalize on Databricks SQL’s industry-leading price-performance, efficiency and AI innovations. Powered by AI, Databricks SQL auto-optimizes workloads to improve efficiency and performance and delivers intelligent experiences that help anyone gain insights from their data, with no SQL or technical expertise required. In the past year, Databricks SQL revenue grew more than 150%, surpassing $600 million run rate.

BladeBridge + Databricks
BladeBridge has become one of the most advanced and popular automation solutions for migrating from existing data warehouses, including Snowflake, Redshift, and Teradata, to Databricks SQL. Now, organizations migrating to Databricks will gain access to BladeBridge’s proven AI-driven solution to automate code analysis and conversion across more than 20 enterprise data warehouses and ETL tools, significantly reducing manual effort and ensuring consistent, high-quality code output. This transaction supports Databricks’ strategy to help enterprises quickly achieve data intelligence across their entire data estate.

A key technology partner to system integrators like Accenture, Capgemini, Celebal Tech, Ness Digital and Tredence, BladeBridge provides customers with clear insight into the scope of conversion, LLM-powered code refactoring, and easy validation of migrated systems. To date, BladeBridge has successfully supported hundreds of customers in their Databricks SQL migration journeys.

“Databricks SQL is the fastest-growing data warehouse on the market. Over ten thousand organizations have chosen Databricks SQL thanks to its price performance and AI innovations. As more and more companies choose Databricks as the foundation for an open, flexible data architecture, we want to make it easier than ever to move from legacy data warehouses to the Data Intelligence Platform,” said Ali Ghodsi, Co-founder and CEO of Databricks. “By joining forces with the BladeBridge team, we can help every organization accelerate their move to Databricks with significantly lower migration cost and effort.”

“At BladeBridge, we set out to solve frustrating challenges for companies looking to modernize their data stack, and today we’ve helped hundreds of organizations successfully migrate to cloud data platforms,” said Simon Eligulashvili, Co-founder and Executive Vice President of BladeBridge. “We are thrilled to join the Databricks team to continue our mission — to help companies reach their data modernization goals — faster and at a far greater scale.”

“As a trusted data engineering specialist, we understand that meeting customers’ aggressive project timelines is a key success metric,” said Ranjit Tinaikar, CEO at Ness Digital. “Over the years, we have built a strong partnership with BladeBridge, collaborating on over a hundred enterprise data warehouse migrations. We look forward to deepening this relationship with Databricks as a strategic partner and delivering many more successful projects in the future.”

This announcement follows Databricks’ recent $15 billion financing, which values the data intelligence leader at $62 billion. The company expects to cross $3 billion revenue run rate and be free cash flow positive in the fourth quarter ending January 31, 2025.

About Databricks
Databricks is the Data and AI company. More than 10,000 organizations worldwide — including Block, Comcast, Condé Nast, Rivian, Shell and over 60% of the Fortune 500 — rely on the Databricks Data Intelligence Platform to take control of their data and put it to work with AI. Databricks is headquartered in San Francisco, with offices around the globe and was founded by the original creators of Lakehouse, Apache Spark™, Delta Lake and MLflow. To learn more, follow Databricks on X, LinkedIn and Facebook.

Contact: Press@databricks.com