Databricks Raises $1.6 Billion in Series H Funding, Valued at $38 Billion

Databricks, a platform provider for data engineering, data science, machine learning, and analytics, has announced a $1.6 billion round of investment to accelerate innovation and adoption of the data lakehouse. The Series H financing, coordinated by Morgan Stanley”s Counterpoint Global, values Databricks at $38 billion post-money.

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