Databricks Closes Series I Funding at $43B post-Money Valuation

Databricks, a San Francisco, CA-based data and AI company, raised an undisclosed amount in 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. They joined previously announced investors participating in the Series I funding, including Andreessen Horowitz, Baillie Gifford, Capital One Ventures, ClearBridge Investments, funds and accounts managed by Counterpoint Global (Morgan Stanley), Fidelity Management & Research Company, Franklin Templeton, Gaingels, Ghisallo Capital Management, GIC, NVIDIA, Octahedron Capital, Ontario Teachers’ Pension Plan, funds and accounts advised by T. Rowe Price Associates, Inc. and Tiger Global.

To read more, click here.