Databricks Raises Over $4B in Series L at $134B Valuation as Enterprise AI Spending Shifts From Hype to Data-Driven Execution
Databricks has raised more than $4 billion in a Series L funding round that values the company at $134 billion, underscoring how aggressively investors are backing the “picks-and-shovels” layer of enterprise AI: governed data, analytics, and platforms for deploying AI