Funding Round Overview

Databricks announced a Growth round on October 24, 2023 totaling $500,000,000 led by T. Rowe Price. Databricks raised $500 million at $43 billion valuation. $500M at $43B valuation.

Deal Highlights

• Capital involved: $500,000,000.
• Round: Growth.
• Investors: T. Rowe Price, Capital One Ventures, Ontario Teachers.

Company and Sector Context

Databricks builds in the ai infrastructure sector, one of the most active areas in AI investment today. Based in United States, the company is part of a global wave of startups scaling AI into production across regulated and enterprise environments.

How the Capital Helps

Disclosed details include $500M at $43B valuation. In ai infrastructure, speed to market and access to high-quality talent often determine category leadership.

Competitive Landscape

Funding activity in ai infrastructure continues to intensify as incumbents and startups race to ship reliable AI systems. This round signals ongoing investor confidence in differentiated technology and defensible distribution.

Looking Ahead

This funding positions Databricks for continued growth in the ai infrastructure landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.