Databricks Closes Series I Investment With Additional Participation From Strategic Partners
Round Type
Series G+
San FranciscoInformation TechnologySoftwareArtificial IntelligenceAnalyticsinformation technology & servicesInvestors
Description
Databricks, the Data and AI company, today announced additional closings of its recent Series I funding. Existing investors Amazon Web Services (AWS), CapitalG, and Microsoft, along with new investors AT&T Ventures, Qatar Investment Authority (QIA), and Sanabil Investments, participated in the funding round, which put the company at a $43B post-money valuation. The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.
Quick answer
Databricks raised an undisclosed amount in a Series G+ round, dated November 10, 2023. Investors: Tiger Global, T. Rowe Price Associates, Ontario Teachers' Pension Plan, Octahedron Capital, Nvidia, GIC, Ghisallo Capital Management and Gaingels. Databricks is based in San Francisco, California, United States.
- How much did Databricks raise?
- Databricks raised an undisclosed amount in a Series G+ round on November 10, 2023.
- Who invested in Databricks?
- Tiger Global, T. Rowe Price Associates, Ontario Teachers' Pension Plan, Octahedron Capital, Nvidia, GIC, Ghisallo Capital Management and Gaingels are named as investors in this round.
- What does Databricks do?
- Databricks is the Data and AI company.
- Where is Databricks based and how big is it?
- Databricks is based in San Francisco, California, United States. Fundz records about 8,300 employees.
- Who are the decision-makers at Databricks?
- Fundz holds 5 contacts at Databricks, including the Director, ISV Partner Ecosystem. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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.
- VAST Data raised an undisclosed amount (Series E) on December 6, 2023.
- Cursor raised $8M (Funding Round) on October 11, 2023.
- Aether raised $8.5M (Funding Round) on December 14, 2023.
- Chalk raised $10M (Seed) on December 12, 2023.
- MineOS raised $30M (Series B) on December 5, 2023.
- Foretellix raised $85M (Series C) on December 5, 2023.
Who to call at Databricks, and when
A new round usually means Databricks is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Databricks raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Databricks, from your own LinkedIn network
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Related People
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