Press Release ExamplesNeed to distribute a PR?

Databricks is raising a Series K Investment at >$100 billion valuation

Databricks announcing a signed term sheet for its Series K round at a valuation over $100 billion, useful for how it names the exact products the new money will fund.

Issued by
Databricks
Date
Aug 19, 2025
Industry
Technology
Read it at databricks.com

Checked against the source on Sep 23, 2026.

Cited by Claude (Anthropic) with web search in our check on Sep 30, 2026. See the question and answer.

The release, as issued

421 words, copied from databricks.com on Sep 23, 2026. The text belongs to Databricks.Found by searching site:databricks.com newsroom Series funding valuation and reading the Series K press release from August 2025

Databricks is raising a Series K Investment at >$100 billion valuation

SAN FRANCISCO, CA — August 19, 2025 — Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at >$100 billion.

The company expects to use the new capital to accelerate its AI strategy — expanding Agent Bricks, investing in its new database offering Lakebase, and fueling global growth. At the June Data + AI Summit, Databricks introduced a new product, Agent Bricks, which builds high-quality, production AI agents optimized on your enterprise data, and Lakebase, a new type of operational database (OLTP), built on open source Postgres, and optimized for AI Agents. The investment is also expected to support future AI acquisitions and deepen AI research.

“We’re seeing tremendous investor interest because of the momentum behind our AI products, which power the world's largest businesses and AI services,” said Ali Ghodsi, co-founder and CEO of Databricks. “Every company can securely turn its enterprise data into AI apps and agents to grow revenue faster, operate more efficiently, and make smarter decisions with less risk. Databricks is benefiting from an unprecedented global demand for AI apps and agents, turning companies’ data into goldmines. We’re thrilled this round is already over-subscribed and to partner with strategic, long-term investors who share our vision for the future of AI.”

This new investment comes on the heels of strong momentum for Databricks. In the last two quarters, the company has launched or expanded partnerships with Microsoft, Google Cloud, Anthropic, SAP, and Palantir. More than 15,000 customers around the world use the Databricks Data + AI Platform to democratize access to data and AI, making it easier to harness the power of their data for analytics and AI apps and agents. Built on an open source foundation, the platform enables organizations to drive innovation that increases revenue, lowers costs, and reduces risk.

About Databricks

Databricks is the Data and AI company. More than 15,000 organizations worldwide — including Block, Comcast, Condé Nast, Rivian, Shell and over 60% of the Fortune 500 — rely on the Databricks Data + AI Platform to take control of their data and put it to work with AI. Databricks is headquartered in San Francisco, with offices around the globe and was founded by the original creators of Lakehouse, Apache Spark™, Delta Lake, MLflow, and Unity Catalog. To learn more, follow Databricks on X, LinkedIn and Facebook.

Dateline as issued: SAN FRANCISCO, CA - August 19, 2025

Headline

Databricks is raising a Series K Investment at >$100 billion valuation

The headline states the round name and the valuation threshold in one short line.

Lead paragraph

Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at >$100 billion.

The lead is precise about deal stage, a signed term sheet, instead of implying the round is already closed.

Quote

We're seeing tremendous investor interest because of the momentum behind our AI products, which power the world's largest businesses and AI services. Every company can securely turn its enterprise data into AI apps and agents to grow revenue faster, operate more efficiently, and make smarter decisions with less risk.

The CEO's quote states a concrete claim, an over-subscribed round, instead of only thanking investors.

Body

The company expects to use the new capital to accelerate its AI strategy — expanding Agent Bricks, investing in its new database offering Lakebase, and fueling global growth.

The release names two specific products and ties the new money directly to funding them.

Each passage above is quoted from the release; the note under it is this site's reading.

Why it works

  1. The headline states the round name and the valuation threshold, over $100 billion, in a single short line.
  2. The lead is precise about the deal stage, a signed term sheet expected to close soon, rather than implying the round is already final.
  3. The body names two specific products, Agent Bricks and Lakebase, and ties the new capital directly to funding them.
  4. The CEO quote makes a concrete claim, an over subscribed round, instead of only thanking investors in general terms.
  5. A short paragraph on recent partnerships with Microsoft, Google Cloud, Anthropic, SAP, and Palantir gives outside proof of momentum.
  6. A press contact email is included at the end, giving reporters a direct way to follow up even without a named person.

A prompt to write one like it

Paste this into the AI tool you use, then answer its questions with your own facts. It copies the structure, not the wording.

Written it? Now it has to reach someone.

Three free and five paid distribution services, compared side by side, with what each is good for and what it is not.

Need to distribute a PR?