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“6天谈妥10亿美元TS,CEO手机快被VC打爆了”
Sou Hu Cai Jing· 2025-08-24 00:50
Core Insights - Databricks is raising over $1 billion in a Series K funding round, which will elevate its valuation to over $100 billion, making it the fifth-largest unicorn globally [2][5][7] - The rapid fundraising process took only six days from the initial call to signing the term sheet [4] - The company plans to hire 3,000 additional engineers and sales personnel, increasing its workforce from 9,000 to 12,000 [7] Funding Details - The funding round is primarily backed by existing investors, with a16z leading the investment with approximately $250 million, followed by Thrive Capital and Insight Partners each contributing $150 million [5][6] - New investors include the Government of Singapore Investment Corporation (GIC) and Fidelity, which together subscribed to $300 million in preferred stock [5] - The oversubscription of the funding round was significant, with the bookrunner reporting a 3.8 times oversubscription [6] Company Background - Databricks was founded in 2013, originating from the UC Berkeley AMPLab's "Spark" open-source project [10] - The company specializes in providing cloud services based on Spark, facilitating data integration and pipeline tasks [11] Valuation Growth - Databricks' valuation has surged by $38 billion in just eight months, driven by factors such as a projected annual recurring revenue (ARR) of $3.7 billion by July 2025, a 50% year-over-year increase [13] - The demand for generative AI has significantly boosted the company's performance, with the introduction of the "LakehouseIQ" feature enhancing text-to-SQL accuracy to 92% [13] - Comparatively, the market is willing to assign a higher valuation to Databricks than its competitor Snowflake, which has a market cap of $64.2 billion [13]