Tech Company Financing Transactions

Databricks Funding Round

Databricks, based in Berkeley, secured $1 billion from Andreessen Horowitz, DST Global and GIC.

Transaction Overview

Company Name
Databricks
Announced On
12/17/2024
Transaction Type
Venture Equity
Amount
$1,000,000,000
Round
Undisclosed
Investors

Andreessen Horowitz (Lead Investor) (David George)

DST Global (Lead Investor)

GIC (Lead Investor)

Insight Venture Partners (Lead Investor)

Thrive Capital (Lead Investor)

WCM Investment Management (Lead Investor)

ICONIQ Capital

Ontario Teachers' Pension Plan

Sands Capital Management

Wellington Management Company

Proceeds Purpose
The company intends to use the funds to further enhance its AI products, acquisitions, and expansion of its international go-to-market operations.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
160 Spear St. 13th Floor 610
Berkeley, CA 94105
USA
Phone
866-330-0121
Website
www.databricks.com
Email Address
Not Recorded
Overview
Founded by the creators of Apache Spark, Databricks makes big data analytics simple through an integrated workspace hosted as a service in the cloud.
Profile
Databricks LinkedIn Company Profile
Social Media
Databricks Company Twitter Account
Company News
Databricks News
Facebook
Databricks on Facebook
YouTube
Databricks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ali Ghodsi
  Ali Ghodsi LinkedIn Profile  Ali Ghodsi Twitter Account  Ali Ghodsi News  Ali Ghodsi on Facebook
Chief Financial Officer
David Conte
  David Conte LinkedIn Profile  David Conte Twitter Account  David Conte News  David Conte on Facebook
Chief Information Officer
Fermín Serna
  Fermín Serna LinkedIn Profile  Fermín Serna Twitter Account  Fermín Serna News  Fermín Serna on Facebook
Chief Marketing Officer
Rick Schultz
  Rick Schultz LinkedIn Profile  Rick Schultz Twitter Account  Rick Schultz News  Rick Schultz on Facebook
VP - Customer Service
Hatim Shafique
  Hatim Shafique LinkedIn Profile  Hatim Shafique Twitter Account  Hatim Shafique News  Hatim Shafique on Facebook
VP - Engineering
Vinod Marur
  Vinod Marur LinkedIn Profile  Vinod Marur Twitter Account  Vinod Marur News  Vinod Marur on Facebook
VP - Human Resources
Amy Reichanadter
  Amy Reichanadter LinkedIn Profile  Amy Reichanadter Twitter Account  Amy Reichanadter News  Amy Reichanadter on Facebook
VP - Operations
Andrew Kofoid
  Andrew Kofoid LinkedIn Profile  Andrew Kofoid Twitter Account  Andrew Kofoid News  Andrew Kofoid on Facebook
VP - Product Management
Adam Conway
  Adam Conway LinkedIn Profile  Adam Conway Twitter Account  Adam Conway News  Adam Conway on Facebook
VP - Product Management
David Meyer
  David Meyer LinkedIn Profile  David Meyer Twitter Account  David Meyer News  David Meyer on Facebook

 

 

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