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Databricks Funding Rounds: A Comprehensive Overview

Databricks, a leading player in the data analytics and artificial intelligence field, has been on an impressive funding journey. In this comprehensive overview, we'll delve into the funding rounds that have powered Databricks' growth and explore Databrick's investors, IPO, valuation, acquisitions, and more.

Databricks - Company Overview

Founded in 2013 by visionary individuals including Ali Ghodsi, Andy Konwinski, Arsalan Tavakoli-Shiraji, Ion Stoica, Matei Zaharia, Patrick Wendell, and Reynold Xin, Databricks has emerged as a global leader in data analytics and artificial intelligence. Their innovative solutions, highlighted by the creation of Apache Spark, have revolutionized the industry by simplifying big data and fostering collaboration among data scientists and analysts. With a global presence, Databricks' impact spans various sectors, facilitating digital transformation and data-driven decision-making. Committed to open-source contributions and continuous evolution, Databricks remains at the forefront of technology, shaping the future of data analytics and AI.

Databricks raised a total of $4 billion in funding with a valuation of $43 billion.
Databricks Funding Rounds

Databricks Funding Rounds

Databrick has raised a total of $4 billion in funding over 12 rounds, including a $500 million Series I round in September 2023. This latest funding round was led by T. Rowe Price and valued Databricks at $43 billion.

​Funding Round


Amount Raised

Series A

Sep, 2013


Series B

Jun, 2014


Venture Round

Jun, 2016


Series C

Dec, 2016


Series D

Aug, 2017


Series E

Feb, 2019


Series F

Oct, 2019


Series G

Feb, 2021


Series H

Aug, 2021


Series H

March, 2023


Series I

Sep, 2023


Data Credits: Crunchbase

Databricks Key Investors

The key investors of Databricks are:

  • New Enterprise Associates

  • Andreessen Horowitz

  • T. Rowe Price

  • In-Q-Tel

  • Franklin Templeton Investments

  • Counterpoint Global

Databricks Acquisitions

Here is a list of Databricks's acquisitions:

  • Redash (Jun, 2020): Redash is an open-source data visualization and exploration platform that allows users to connect to a variety of data sources, build interactive dashboards, and share reports.

  • 8080 Labs (Oct, 2021): 8080 Labs is a software company that develops tools to make Python more accessible to everyone.

  • Cortex Labs (Aug, 2022): Cortex Labs is a company that provides a cloud-native model serving infrastructure for machine learning engineering teams.

  • DataJoy Inc. (Oct, 2022): Datajoy is a revenue intelligence platform that helps organizations bring all their data together and surface insights to help them build a repeatable, profitable, and predictable revenue machine.

  • Okera (May, 2023): Okera is a data governance platform that provides secure data access at scale. This means that data teams can have confidence that their data is protected, while still being able to access it when they need it.

  • MosaicML (Jun, 2023): MosaicML is a company that builds efficient infrastructure for training language models. Language models are a type of artificial intelligence (AI) that can generate text, translate languages, and answer questions.

Databricks IPO and Valuation

Databricks is expected to go public in the near future. The company has raised over $4 billion in funding over 12 rounds, and its latest funding round in September 2023 valued it at $43 billion. This makes Databricks one of the most valuable private technology companies in the world.

Most Asked Questions

What is the total funding raised by Databricks?

Databricks has raised a total of $4 billion over 12 rounds of funding.

Who were some of the notable investors in Databrick's funding rounds?

Databricks has raised over $4 billion in funding from a wide range of investors, including venture capital firms, investment banks, and strategic partners. Some of the notable investors include New Enterprise Associates (NEA), Andreessen Horowitz (a16z), T. Rowe Price, In-Q-Tel, Franklin Templeton Investments, and Counterpoint Global. These investors are attracted to Databricks' potential as a leading player in the data analytics and AI market.

How did Databricks use the funds from its funding rounds?

Databricks used the funds from its funding rounds to grow its team, develop its platform, market its platform, expand its reach, and accelerate its growth. The company has doubled its headcount in the past year and is continuing to hire top talent. It is also constantly investing in the development of its platform, adding new features and capabilities. Databricks is investing in marketing and sales to reach a wider audience of potential customers. It is also expanding its reach into new markets, such as Europe and Asia. Finally, Databricks is using the funds to accelerate its growth and become a leading player in the data analytics and AI market.

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