Databricks Raises $4B, Valued at $134B, in AI Push
Update: 2025-12-16
Description
Databricks, a data intelligence firm, secures a massive $4 billion investment in a Series L funding round, pushing its valuation to $134 billion. The company, focused on AI products like Lakebase and Agent Bricks, sees a 55% increase in annual revenue run rate, with over $1 billion from AI products. Databricks plans to use the new capital to expand its workforce and AI research.
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