Databricks Secures Series K Funding, Valued at Over $100 Billion

Databricks, the Data and AI company, announced it has secured Series K funding, valuing the company at over $100 billion. This investment will fuel Databricks' AI strategy, expanding its Agent Bricks product, investing in its new Lakebase database, and driving global growth. Agent Bricks builds high-quality AI agents, while Lakebase is a new operational database built on open-source Postgres, both optimized for AI. The funding will also support future AI acquisitions and research. With over 15,000 customers, Databricks' platform democratizes data and AI access, enabling organizations to leverage their data for analytics and AI applications, increasing revenue, lowering costs, and mitigating risks.