Databricks Raises $10 Billion In Latest Funding Round

Databricks, a leader in data and AI solutions, has raised an impressive $10 billion in a funding round led by Thrive Capital. The round included significant participation from investors such as Andreessen Horowitz, DST Global, GIC, and others.

The newly raised funds will drive Databricks’ growth initiatives, including AI product development, strategic acquisitions, and global expansion efforts. A portion of the capital will also be used to provide liquidity for current and former employees.