DataStaxrevenue, acquisition & funding

NoSQL Databases2755 Augustine Dr, 8th Floor, Santa Clara, CaliforniaFounded 2010

DataStax was acquired by IBM.

DataStax makes Astra DB and DataStax Enterprise, databases built on Apache Cassandra, and Langflow, an open-source tool for building AI applications; it has been part of IBM since IBM's acquisition closed in May 2025.

datastax.com LinkedInUpdated Oct 30, 2026

Annual revenue: $246.9M; Oct 2024EST
Owner: IBM; Date not on record
Total raised: $342.6M; 7 rounds
Employees: 692; Oct 2024

DataStax revenue

DataStax's last reported revenue was over $100M in 2018 (Billy Bosworth on camera). GetLatka estimates it at about $246.9M a year (October 2024).

$100M

$200M

–

$100M

$150M

–

$212.3M

$246.9M

2010…2011–17201820192020–2220232024

ReportedEstimateFounded 2010 at $0; every reading has its own bar

All 4 revenue readings, with sources

As of	Revenue	Source
2018	Over $100M	Billy Bosworth on cameraWatch at 8:28
Feb 2019	$150M	–
Dec 2023	$212.3MEST	GetLatka estimate
Oct 2024	$246.9MEST	GetLatka estimate

– source not recorded

Who owns DataStax

IBM owns DataStax. The date and price of the deal are not on record.

DataStax funding rounds & investors

DataStax has raised $342.6M across seven rounds since 2010. The latest was a $115M Growth Equity round in June 2022, led by the Growth Equity business within Goldman Sachs Asset Management.

Date	Round	Raised	Valuation	Led by	Source
Jun 2022	Growth Equity	$115M	$1.6B	the Growth Equity business within Goldman Sachs Asset Management	Company Website
May 2021	Series F	$37.6M	$1.2B		–
Sep 2014	Series E	$106M	–		–
Jul 2013	Series D	$45.3M	–		–
Sep 2012	Series C	$25M	–		–
Sep 2011	Series B	$11M	–		Company Website
Oct 2010	Series A	$2.7M	–		Company Website
	Total raised	$342.6M

Interviews with Billy Bosworth

Nathan Latka has interviewed DataStax once, speaking with Billy Bosworth. Each figure links to the second it was said.

Watch

January 2018 · Billy Bosworth, CEO

How DataStax Surpassed $100M ARR with Over 75% Gross Margins and Net Expansion Well Beyond 110% (Interview with CEO Billy Bosworth)

RevenueOver $100M ARRWatch at 8:28
Gross marginOver 75%Watch at 8:34
CustomersAbout 500 (his estimate; he said he would need to check)Watch at 14:28
Average contract$100KWatch at 4:40
Net revenue retentionWell beyond 110% in enterprise accounts (110% is the bar he sets)Watch at 10:49
EmployeesOver 450Watch at 7:33
+1 more

Read the interview Watch

DataStax competitors

DataStax competes most directly with MongoDB, Redis, InfluxData and Yugabyte.

Company	Revenue	Funding	Employees	Customers	Founded
MongoDB	$2.5B	$306.1M	7,569	46.4K	2007
Redis	$300M	$355.6M	501	8.5K	2011
DataStax	$246.9M	$342.6M	692	500	2010
InfluxData	$75M	$119.9M	197	400	2012
Yugabyte	$45.3M	$282M	412	–	2016

DataStax CEO, founders & employees

Jonathan Ellis and Matt Pfeil founded DataStax in 2010. Chet Kapoor was CEO. DataStax had 692 employees (October 2024, LinkedIn), up from 655 a year earlier.

Chet KapoorCEO
Jonathan EllisCo-founder
Matt PfeilCo-founder
Billy BosworthInterviewed by Nathan Latka
1 interview

BoardEric Anderson, Judith Sim, Archie Deskus, Jim Baum, Joseph DiSabato, Eric Chin, Kelly Battles, Sandesh Patnam, Jose Morales

InvestorsPaul Madera

200

400

600

450

648

496

668

720

655

692

2018201920202021202220232024

ReportedOne figure per year; a reported figure wins over an estimate

All 14 headcount readings, with sources

As of	Employees	Source
Oct 2024	692	LinkedIn
Dec 2023	655	LinkedIn
Jul 2023	666	–
Dec 2022	720	LinkedIn
Dec 2021	668	LinkedIn
Dec 2020	496	–
Jun 2020	489	–
Jan 2020	500	–
Dec 2019	648	–
2018	Over 450	Billy Bosworth on cameraWatch at 7:33
Sep 2014	350	–
Jul 2013	140	–
Jan 2012	100	–
Sep 2011	25	–

DataStax FAQ

What was DataStax's revenue?

GetLatka estimates DataStax's revenue at about $246.9M a year (October 2024). The last reported figure was over $100M in 2018, as Billy Bosworth said on camera.

Who owns DataStax?

IBM owns DataStax.

How much funding has DataStax raised?

DataStax raised $342.6M across seven funding rounds before IBM bought it. The last was a $115M Growth Equity round in June 2022, led by the Growth Equity business within Goldman Sachs Asset Management.

How many employees does DataStax have?

DataStax had 692 employees in October 2024, according to LinkedIn.

Who founded DataStax?

Jonathan Ellis and Matt Pfeil founded DataStax in 2010.

How this page is sourced

9 said on camera · 7 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.

Updated Oct 30, 2026Data disclaimer Report a correction Claim this profile