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

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

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 ...

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

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

The Series L round was jointly led by Insight Partners, Fidelity Management & Research and J.P. Morgan. They were joined by ...

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

Databricks raised more than US$4 billion in a Series L funding round, valuing the data and AI company at US$134 billion.

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

Databricks, a data intelligence company, has raised over $4 billion in a Series L funding round, reaching a valuation of $134 billion.

The data intelligence company has just raised more than $4 billion in a Series L funding round at a $134 billion valuation — ...