The funding will support product development in three strategic areas: Lakebase, Databricks Apps and Agent Bricks.

The capital infusion will allow the company to advance product development, provide liquidity for employees and support future AI acquisitions.

Databricks seems to be inspiring a lot of investor confidence judging by its latest funding round. Databricks said on Tuesday that it has raised more than $4 billion at a valuation of $134 billion, ...

Databricks Grows >55% YoY, Surpasses $4.8B Revenue Run-Rate, and is Raising >$4B Series L at $134B Valuation Company accelerates investments in Agent Bricks, Lakebase and Databricks Apps to power Data ...

Moreover, Databricks' Lakebase has gained traction, attracting thousands of customers and growing revenue at double the rate of its Data Warehousing product. This success is complemented by a net ...

Databricks said on Tuesday that it has raised more than $4 billion at a valuation of $134 billion, the latest example of ...

On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.

Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei ...

Databricks just raised $4 billion at a $134 billion valuation, making it one of the most valuable private companies in the United States. The round, led by Insight Partners along with Fidelity, JP ...

Company accelerates investments in Agent Bricks, Lakebase and Databricks Apps to power Data Intelligent Applications ...

Part of the capital is expected to be used to provide liquidity to employees, while the rest will support product development ...

Databricks, an AI-focused company, has successfully raised $4 billion, pushing its valuation to a staggering $134 billion.