Databricks constructs $1bn series G round

Feb 2, 2021 • Thierry Heles

AWS, CapitalG and Salesforce Ventures helped the data management software provider increase its valuation more than fourfold to $28bn.

US-based data analytics software developer Databricks secured $1bn yesterday in a series G round featuring software provider Microsoft, e-commerce group Amazon, internet and technology conglomerate Alphabet and enterprise software producer Salesforce.

The round was led by investment firm Franklin Templeton and included investment and financial services group Fidelity, Canada Pension Plan Investment Board, Whale Rock, Andreessen Horowitz, Alkeon Capital Management and funds and accounts managed by BlackRock.

Coatue Management, Tiger Global Management, GIC, Discovery Capital, Dragoneer Investment Group, Founders Circle…

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