T. Rowe Price led a $500m Series I round in Databricks.

T. Rowe Price, an American publicly owned global investment management firm, led a $500m Series I round in Databricks, a unified analytics platform that accelerates innovation by unifying data science, engineering, and business, with participation from Andreessen Horowitz, Baillie Gifford, ClearBridge Investments, Counterpoint Global, Fidelity Management & Research Company, Franklin Templeton, GIC, Octahedron Capital, Tiger Global, Capital One Ventures, Ghisallo Capital Management, Ontario Teachers’ Pension Plan, and NVIDIA. “The commitment from long-term focused strategic and financial partners reflects Databricks’ continued momentum, the rapid customer adoption of the Databricks Lakehouse, and the success customers are seeing from moving to a unified data and AI platform. Databricks and NVIDIA are building transformative AI technology, and we’re excited about the business value and innovation we can bring to our customers,” Ali Ghodsi, Databricks Co-Founder and CEO.