Funding round
Databricks Series D
Databricks, which works in cloud data platform development in San Francisco, raised $140M in a Series D round announced on 22 Aug 2017, led by Andreessen Horowitz. 7 firms took part, 2 of them already investors. It is Databricks' fourth venture round on record; the one before was a Series C in Dec 2016.
$140M
Amount raised
Not disclosed
Post-money valuation
7
Investors
1 lead
Valuation
What this round says about the price
Databricks did not disclose a valuation in this round. It came 8 months after Databricks' Series C. It is under 1% of the $34.00B Databricks has raised in the venture rounds on record. Databricks raised again 18 months later: a Series E round of $250M in Feb 2019, at $2.75B post-money.
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 30 Jun 2014, led by New Enterprise Associates $33M
- Series C 15 Dec 2016, led by New Enterprise Associates $60M
- Series D this round 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
Andreessen Horowitz led the round with 6 other firms. Andreessen Horowitz and New Enterprise Associates had backed Databricks before.
Lead investor
- Andreessen Horowitz backs 722 venture-backed companies existing investor
Also in the round
- New Enterprise Associates existing investor
- Battery Ventures backs 215 venture-backed companies new investor
- new investor
- backs 49 venture-backed companies new investor
- Geodesic Capital backs 45 venture-backed companies new investor
- backs 10 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, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
75 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 3.1 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 21 Aug 2017 | $44M | not disclosed | Goldman Sachs |
| Tech Companies | 19 Jul 2017 | $8.0M | not disclosed | Iron Gate Capital |
| Magic Leap Tech Companies | 17 Oct 2017 | $502M | not disclosed | Temasek |
| Addepar Tech Companies | 8 Jun 2017 | $140M | not disclosed | Valor and 8VC |
| Illumio Tech Companies | 7 Jun 2017 | $125M | not disclosed | J.P. Morgan Asset Management |
| Tech Companies | 21 Jun 2017 | $100M | not disclosed | SoftBank |
| Tech Companies | 18 Oct 2017 | $70M | $1.17B | Meritech Capital and Lead Edge Capital |
| Tech Companies | 13 Jun 2017 | $12M | not disclosed | Tola Capital |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Databricks raise in its Series D round?
Databricks raised $140M in its Series D round, announced in Aug 2017.
Who led Databricks' Series D round?
Andreessen Horowitz led it, with New Enterprise Associates, Battery Ventures, Future Fund, A.Capital and Geodesic Capital and 1 more.
What was Databricks' valuation at the Series D round?
It was not disclosed.
How does it compare with other Series D rounds in Tech Companies?
75 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 3.1 times the median.
Did Databricks raise again after this round?
Yes: a Series E round in Feb 2019 of $250M at $2.75B post-money.