September 09 - 16:09
AWS and Microsoft participate in Databricks funding round
Technology giants Amazon Web Services and Microsoft both participated in Databricks's most recent funding round. Databricks confirmed its $1.6bn round of funding, which puts the company at a $38bn post-money valuation. The Series H funding will be used to accelerate innovation and adoption of the lakehouse as the data architecture's popularity across data-driven organisations increases.
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