News and Analysis

Databricks secures $1.6bn in Series H financing

Databricks, a data and AI company, has secured $1.6 billion in Series H funding.

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Databricks, a San Francisco-based data and artificial intelligence company, has secured $1.6 billion in Series H funding. Counterpoint Global led the round, with participation from other investors, including BlackRock, Canada Pension Plan Investment Board, Coatue Management, Fidelity Management & Research, Franklin Templeton and GIC.

Source: Press Release