Aug 2025
Databricks is raising a Series K Investment at >$100 billion valuation
Databricks, the Data and AI company, announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at over $100 billion.
Databricks, the Data and AI company, announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at over $100 billion.
The company expects to use the new capital to accelerate its AI strategy — expanding Agent Bricks, investing in its new database offering Lakebase, and fueling global growth.
At the June Data + AI Summit, Databricks introduced Agent Bricks, which builds high-quality, production AI agents optimized on enterprise data, and Lakebase, a new type of operational database (OLTP) built on open source Postgres and optimized for AI Agents.
"We're seeing tremendous investor interest because of the momentum behind our AI products, which power the world's largest businesses and AI services," said Ali Ghodsi, co-founder and CEO of Databricks. "Every company can securely turn its enterprise data into AI apps and agents to grow revenue faster, operate more efficiently, and make smarter decisions with less risk."