Funding round
Databricks Series B
Databricks, which works in cloud data platform development in San Francisco, raised $33M in a Series B round announced on 30 Jun 2014, led by New Enterprise Associates. 2 firms took part. It is Databricks' second venture round on record; the one before was a Series A in Sep 2013.
$33M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Databricks did not disclose a valuation in this round. It came 9 months after Databricks' Series A. It is under 1% of the $34.00B Databricks has raised in the venture rounds on record. Databricks raised again 30 months later: a Series C round of $60M in Dec 2016. Its next priced round, a Series E in Feb 2019, valued it at $2.75B.
Databricks' funding rounds
Databricks has 14 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 1 Sep 2013, led by Andreessen Horowitz $14M
- Series B this round 30 Jun 2014, led by New Enterprise Associates $33M
- Series C 15 Dec 2016, led by New Enterprise Associates $60M
- Series D 22 Aug 2017, led by Andreessen Horowitz $140M
- Series E 5 Feb 2019, led by Andreessen Horowitz $250M$2.75B post-money
- Series F 22 Oct 2019, led by Andreessen Horowitz $400M$6.20B post-money
- Series G 1 Feb 2021, led by Franklin Templeton $1.00B$28.00B post-money
- Series H+ 31 Aug 2021, led by Morgan Stanley $1.60B$38.00B post-money
- Series H+ 14 Sep 2023, led by T. Rowe Price Associates, Inc. $500M$43.00B post-money
- Series H+ 17 Dec 2024 $10.00B$62.00B post-money
- Debt not a venture round 22 Jan 2025, led by JPMorgan Chase $5.25B$62.00B post-money
- Growth 30 Jun 2025, led by T. Rowe Price $10.00B$55.00B post-money
- Series H+ 8 Sep 2025, led by Andreessen Horowitz, Insight Partners and MGX $1.00B$100.00B post-money
- Series H+ 16 Dec 2025, led by Insight Partners, Fidelity Management & Research Company and J.P. Morgan Asset Management $4.00B$134.00B post-money
- Growth 13 Aug 2026, led by Coatue $5.00B$190.00B post-money
Investors
Who put money in
New Enterprise Associates led the round with 1 other firm.
Lead investor
- New Enterprise Associates new investor
Also in the round
- Andreessen Horowitz backs 722 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
182 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 2.8 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| ThoughtSpot Tech Companies | 18 Jun 2014 | $30M | not disclosed | Khosla Ventures |
| Tech Companies | 18 Jun 2014 | $25M | $166M | not named |
| Clari Tech Companies | 17 Jun 2014 | $20M | not disclosed | Bain Capital Ventures |
| Tech Companies | 4 Jun 2014 | $20M | not disclosed | IDG Capital |
| Tech Companies | 5 Jun 2014 | $12M | not disclosed | Accel |
| Tech Companies | 20 Jun 2014 | $12M | not disclosed | Marker L.L.C. |
| Tech Companies | 12 Jun 2014 | $9.2M | not disclosed | Khosla Ventures and Battery Ventures |
| Tech Companies | 2 Jun 2014 | $7.3M | not disclosed | Hi Inov |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Databricks raise in its Series B round?
Databricks raised $33M in its Series B round, announced in Jun 2014.
Who led Databricks' Series B round?
New Enterprise Associates led it, with Andreessen Horowitz.
What was Databricks' valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
182 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 2.8 times the median.
Did Databricks raise again after this round?
Yes: a Series C round in Dec 2016 of $60M.