September 8, 2025 — Leads & Copy — Databricks has announced it has secured $1 billion in Series K funding, valuing the company at over $100 billion. The investment was co-led by Andreessen Horowitz, Insight Partners, MGX, Thrive Capital, and WCM Investment Management.
Databricks also reported crossing a $4 billion revenue run-rate during Q2, marking a year-over-year growth of over 50%. Additionally, the company’s AI products have exceeded a $1 billion revenue run-rate. The new capital will be used to advance Databricks’ AI strategy, including the expansion of Agent Bricks and the launch of the Lakebase category, while also supporting global growth, future AI acquisitions, and further AI research.
According to Ali Ghodsi, Co-Founder and CEO of Databricks, the investment will allow Databricks to accelerate the development of Agent Bricks and the Lakebase category. In the two prior quarters, Databricks launched or expanded partnerships with Microsoft, Google Cloud, Anthropic, SAP, and Palantir.
Databricks is headquartered in San Francisco, with offices around the globe.
Contact: press@databricks.com
Source: Databricks
