Databricks Secures Series K Funding at $100+ Billion Valuation to Expand AI Products
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djhu9
9mo ago· 3 min readenNews
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Summary
Databricks, a data and AI company, has signed a term sheet for its Series K funding round that values the company at over $100 billion. The funding will be used to accelerate the company's AI strategy, including expanding its Agent Bricks product, investing in the Lakebase database offering, and fueling global growth. The investment comes from existing investors and is expected to close soon.
Key quotes
· 3 pulledDatabricks, the Data and AI company, today announced it has signed a term sheet for its Series K round
This funding values the company at >$100 billion
The company expects to use the new capital to accelerate its AI strategy — expanding Agent Bricks, investing in its new database offering Lakebase, and fueling global growth
SAN FRANCISCO, CA — August 19, 2025 — Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at >$100 bil
