Databricks Raises $500M in Series K

Databricks has successfully raised $500M in a Series K at a $100B valuation led by Fidelity, T. Rowe Price.

Company Overview

Databricks is a Data company headquartered in San Francisco, CA, founded in 2013 with 6000+ employees.

Unified analytics platform built on Apache Spark

Fundraising Details

• Amount Raised: $500M
• Round Type: Series K
• Valuation: $100B
• Date: 2025-10-13
• Investors: Fidelity, T. Rowe Price

About Databricks

Unified analytics platform built on Apache Spark The company is positioned in the Data sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: San Francisco, CA
• Founded: 2013
• Team Size: 6000+
• Industry: Data

What This Means

This funding round demonstrates strong investor confidence in Databricks's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Data sector continues to attract significant investment as companies innovate to meet evolving market demands. Databricks's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $100B valuation marks an important milestone for Databricks, positioning the company among notable players in the Data industry.

Looking Ahead

With this new capital, Databricks is well-positioned to execute on its growth strategy and continue building innovative solutions in the Data space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-13. For more information about Databricks, visit their headquarters at San Francisco, CA.