Fundz

Databricks Raises Series I Investment At $43B Valuation

PRIVATESep 14, 2023

Round Type

Series G+

San FranciscoInformation TechnologySoftwareArtificial IntelligenceAnalyticsinformation technology & services

Investors

Tiger GlobalOctahedron CapitalGICFranklin TempletonFidelity Management & Research CompanyCounterpoint GlobalClear Bridge InvestmentsBaillie GiffordAndreessen HorowitzT. Rowe Price AssociatesNvidiaOntario Teachers' Pension PlanCapital One VenturesT. Rowe Price

Description

Databricks, the Data and AI company, today announced its Series I funding, raising over $500 million. This funding values the company at $43 billion and establishes the price per share at $73.50. The series is led by funds and accounts advised by T. Rowe Price Associates, Inc., which is joined by other existing investors, including Andreessen Horowitz, Baillie Gifford, ClearBridge Investments, funds and accounts managed by Counterpoint Global (Morgan Stanley), Fidelity Management & Research Company, Franklin Templeton, GIC, Octahedron Capital and Tiger Global along with new investors Capital One Ventures, Ontario Teachers' Pension Plan and NVIDIA.

Who else raised in Analytics and information technology & services around the same time

Companies in the same sectors as Databricks that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • Brillio raised an undisclosed amount on September 5, 2023.
  • Cranium Al raised $25M (Series A) on October 26, 2023.
  • Cranium Al raised $20M on October 16, 2023.
  • Atana raised $6M (Series A) on October 11, 2023.
  • Beeline Holdings raised $6.5M on September 29, 2023.

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Company Information

Company

Databricks

Location

160 Spear Street

San Francisco, California, United States

About

Databricks is the Data and AI company. More than 10,000 organizations worldwide — including Comcast, Condé Nast, and over 50% of the Fortune 500 — rely on the Databricks Lakehouse Platform to unify their data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe. Founded by the original creators of Delta Lake, Apache SparkTM, and MLflow, Databricks is on a mission to help data teams solve the world's toughest problems. To learn more, follow Databricks on Twitter, LinkedIn and Facebook. Contact: Press@databricks.com SOURCE Databricks

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Databricks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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