Databricks (Series J)
Funding Details
- Awarder
- Inbox
- Date Award
- December 17, 2024
- Vertical
- Data Analytics
- Funding URL
- View Funding Page
- Premoney Valuation
- $43,000,000,000
- Valuation
- $62,000,000,000
- Funding Amount:
- $10,000,000,000
Company Info
- Founding Year
- 2013
- Traction
- Databricks expects to generate positive free cash flow for the first time with a $3 billion revenue run rate in the quarter that ends on January 31, and its revenue grew more than 60% year over year in the October quarter.
- Founders
- Seven doctorate candidates from UC Berkeley
- Company Description
- Databricks is a data analytics platform that sells AI, big data analytics, and cloud tooling to enable companies to build data- and AI-powered applications.
- Market
- AI and Big Data
- Location
- Berkeley, California, USA
- Coinvestors
- Thrive Capital, Andreessen Horowitz, DST Global, GIC, Iconiq Growth