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Databricks Raises $1 Billion Funding Round At $28B Valuation

by venturebeat.com posted 3weeks ago 21 views
Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Databricks today announced the close of a $1 billion funding round, bringing the company’s valuation to $28 billion after post-money valuation, a company spokesperson told VentureBeat. News of the funding round — the largest to-date for Databricks — was first reported in late January by Newcomer. This amounts to a series G funding round for the data analysis and AI company.