Databricks’ $250 Million Funding Supports Explosive Growth And Global Demand For Unified Analytics; Brings Valuation To $2.75B
SAN FRANCISCO--(BUSINESS WIRE)--Databricks, the leader in unified analytics and founded by the original creators of Apache Spark™, today announced it has secured $250 million in a Series E funding round led by Andreessen Horowitz. Coatue Management, Microsoft, and New Enterprise Associates (NEA) also participated. This most recent round of funding brings Databricks’ total amount raised to $498.5 million and raises the company’s valuation to $2.75 billion. The rapidly growing global demand for D.