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Latest Raise Boosts Databricks' Valuation to More than $100bn

Summary by Silicon Republic
The round was co-led by Thrive Capital, Insight Partners and WCM Investment Management, suggest reports. Read more: Latest raise boosts Databricks’ valuation to more than $100bn

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Databricks, the data company and artificial intelligence based on Professors Ion Stoica and Matei Zaharia, reached a $100 billion evaluation in a funding round. Article From the headquarters to the financial empire of $100 billion: How they became Ion Stoica and Matei Zoharia billionaires appeared for the first time in Romania TV.

Databricks data lake specialist announces that he has signed an agreement to close a new K-Series round table. According to the company, its valuation is expected to rise to more than $100 billion, compared to $62 billion after its last round of financing at the end of 2024. Databricks expects to raise up to $1 billion [...] The post Databricks on the way to a valuation of more than $100 billion appeared first on ChannelNews.

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Techzine Europe broke the news in on Tuesday, August 19, 2025.
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