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New Deal


Announced

Completed

Counterpoint Global led a $1.6bn Series H round in Databricks.

Financials

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Transaction Value£1,162m
Consideration TypeCash
Capital Owned-
Capital Bid For4%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

IT Services: Other

unified analytics platform

United States

Acquisition

Private Equity

Cross Border

Private

Venture Capital

Minority

Completed

Single Bidder

Synopsis

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Counterpoint Global led a $1.6bn Series H round in Databricks, the Data and AI company, with participation from Baillie Gifford, ClearBridge Investments, UC Investments, Andreessen Horowitz, BlackRock, Canada Pension Plan Investment Board, Coatue Management, Fidelity Management & Research, Franklin Templeton, GIC, Greenoaks, Octahedron Capital, T. Rowe Price Associates, Tiger Global Management, Whale Rock Capital Management, Alta Park Capital, BNY Mellon, Discovery Capital, Dragoneer Investment Group, Flucas Ventures, Gaingels, Geodesic, Green Bay Ventures, the House Fund, Insight Partners, and New Enterprise Associates. "This new investment is a reflection of the rapid adoption and incredible customer demand we’re seeing for the Databricks Lakehouse Platform and underscores the industry and investor confidence in our vision – that lakehouse is the data architecture of the future. This marks a thrilling new chapter that will allow us to accelerate our pace of innovation and further invest in the success of data-driven organizations on their journey to the lakehouse," Ali Ghodsi, Databricks Co-Founder and CEO.

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