AI Boom Boosts Databricks: $4B Funding Round Lifts Valuation to $134B
Databricks secures $4 billion in Series L funding at $134B valuation, fueling AI product growth, Lakebase database development, and enterprise AI agent deployment.
Databricks
Databricks is a data and AI platform company helping enterprises build analytics, machine learning, generative AI, and agent systems on governed data.
- Founded 2013
- Headquarters San Francisco, California, United States
- CEO Ali Ghodsi
Overview
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Founded
2013
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Headquarters
San Francisco, California, United States
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Industry
Data and AI Infrastructure
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CEO
Ali Ghodsi
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Founders
Ali Ghodsi, Ion Stoica, Matei Zaharia, Reynold Xin, Patrick Wendell, Andy Konwinski, Scott Shenker, Arsalan Tavakoli-Shiraji
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Funding
$4B+ late-stage funding round announced in 2025; $5B raise closed in 2026
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Valuation
Reported $134B valuation
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Employees
N/A
About Databricks
Databricks is a data and AI company best known for its lakehouse platform, Apache Spark heritage, and enterprise tools for building data pipelines, analytics systems, machine learning workflows, and AI applications. Founded in 2013 by the original creators of Apache Spark, Databricks has expanded from big data infrastructure into a broad AI platform for organizations building models, agents, and analytics products on their own data.
The company serves enterprises that need governed data, model training, vector search, machine learning operations, and AI agent development. Its AI strategy has accelerated through products such as Mosaic AI, Genie, and model-serving tools, as well as acquisitions and integrations across the data and AI stack.
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Products & Business
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Products & Services
- Databricks Data Intelligence Platform
- Mosaic AI
- Unity Catalog
- Delta Lake
- MLflow
- Genie
- vector search
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Platform & Tools
Lakehouse platform, MLflow, Mosaic AI, model serving, vector search, data pipelines, notebooks, governance, and AI agent tools.
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Revenue Model
Cloud usage, enterprise contracts, data platform subscriptions, AI workload pricing, professional services, and marketplace integrations.
Key Information
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Business Type
Private data and enterprise AI platform company
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Headquarters
San Francisco, California, United States
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Founded Date
2013
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Company CEO
Ali Ghodsi
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Founders
Ali Ghodsi, Ion Stoica, Matei Zaharia, Reynold Xin, Patrick Wendell, Andy Konwinski, Scott Shenker, Arsalan Tavakoli-Shiraji
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Brands
Databricks Data Intelligence Platform, Mosaic AI, Unity Catalog, Delta Lake, MLflow, Genie
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Categories
AI, Enterprise AI, Technology
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Employee Count
N/A
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Funding
$4B+ late-stage funding round announced in 2025; $5B raise closed in 2026
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Valuation
Reported $134B valuation
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Ownership
Private
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Stock Ticker
N/A
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