Databricks Valued at $62B Following Latest VC Funding Round (Communities - News & Events)
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Item ID 3125362 in Category: Communities - News & Events
Databricks Valued at $62B Following Latest VC Funding Round | |
Databricks, a leading enterprise AI firm specializing in data analytics and AI software, has secured $8.6 billion in funding as part of a larger $10 billion round. The funding round, led by Thrive Capital, values the company at $62 billion and highlights the growing demand for AI-driven business solutions. The investment comes at a time when businesses across various industries, from healthcare to financial services, are increasingly looking to integrate AI capabilities into their operations while maintaining control over their data infrastructure. The round also saw participation from several existing investors, including Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management, as well as new investors like ICONIQ Growth, MGX, Sands Capital, and Wellington Management. Notably, Ontario Teachers’ Pension Plan also continued its investment in the company. The capital raised will support Databricks’ ongoing product development, acquisitions, and international expansion, while also providing liquidity for current and former employees, including covering related tax obligations. For more details please visit our website - https://www.grcviewpoint.com/databricks-valued-at-62b-following-latest-vc-funding-round/  | |
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| Target State: New York Target City : New York City Last Update : Oct 13, 2025 5:09 AM Number of Views: 13 | Item Owner : grcviewpoint Contact Email: Contact Phone: + 1 (307) 2432625 |
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2025-10-13 (0.386 sec)