November Private Market UpdateThe private market one year past the peak - down, not out
November Private Market Update
Databricks was founded in 2013 by Ali Ghodsi, Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Scott Shenker, and Andy Konwinski. The company has not officially endorsed a plan to participate in an IPO.
Databricks operates a big data analytics platform. The company has raised nearly $900 million in Venture Capital funding from investors including Alkeon Capital Management, BlackRock, Dragoneer Investment Group, Tiger Global Management, T. Rowe Price, Coatue Management, Microsoft, Battery Ventures, Data Collective, New Enterprise Associates, and Andreessen Horowitz. Per company press releases, Databricks last raised $400 million in October 2019 at a post-money valuation of $6.2 billion.
Databricks does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Databricks will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 8/31/2021 | Series H | $1.63B raised | $XXX.XX | $XXX.XX |
| 2/1/2021 | Series G | $1.03B raised | $XXX.XX | $XXX.XX |
| 10/22/2019 | Series F | $408.01MM raised | $XXX.XX | $XXX.XX |
| 2/5/2019 | Series E | $250MM raised | $XXX.XX | $XXX.XX |
| 8/22/2017 | Series D | $140MM raised | $XXX.XX | $XXX.XX |
| 12/15/2016 | Series C | $60.37MM raised | $XXX.XX | $XXX.XX |
| 6/30/2014 | Series B | $34.14MM raised | $XXX.XX | $XXX.XX |
| 9/25/2013 | Series A | $14MM raised | $XXX.XX | $XXX.XX |
