Databricks: Over $500 Million In Series I Funding Raised At $43 Billion Valuation
By Amit Chowdhry ● Sep 19, 2023
Data and AI company Databricks recently announced a Series I funding round at over $500 million. This funding round values the company at $43 billion and establishes the price per share at $73.50. This funding round was led by funds and accounts advised by T. Rowe Price Associates, 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 and new investors Capital One Ventures, Ontario Teachers' Pension Plan and NVIDIA.