Databricks Status
The company raised $140 million of Series D venture funding in a deal led by Andreessen Horowitz on August 22, 2017, putting the company's pre-money valuation at $800 million. New Enterprise Associates, Battery Ventures, A Capital Partners, Geodesic Capital, Green Bay Ventures and The Future Fund also participated in the round. The company will use the funding to increase product investment in its Unified Analytics Platform, accelerate its global growth strategy, expand its markets through industry-specific solutions for a range of industries and grow its engineering and customer success teams. Previously, the company raised $60 million of Series C venture funding in a deal led by New Enterprise Associates on December 15, 2016, putting the company's pre-money valuation at $452.97 million. Andreessen Horowitz, SineWave Ventures, B7 and In-Q-Tel also participated in the round. The company will use the funding to advance it's engineering and go-to-market strategies.
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