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Morgan Stanley: Leads $1.6 billion round in Databricks

Morgan Stanley: Leads $1.6 billion round in Databricks

  • Morgan Stanley mobilizes capital to help governments, corporations, institutions
  • Databricks is a data and AI company. More than 5,000 organizations worldwide including Comcast, Condé Nast
  • Databricks announced a $1.6 Billion round of funding to accelerate innovation and adoption of the data lakehouse
  • Counterpoint Global is joined by other new investors including Baillie Gifford, ClearBridge Investments, and UC Investments
  • Existing investors participating in the round include Andreessen Horowitz, funds and accounts managed by BlackRock
  • This investment is a testament to the extraordinary opportunity we see for Databricks to shape the future of data
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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