[ TRANSACTION RECORD ]

Morgan Stanley Investment in Databricks Inc. — 2023

VERIFIED VECTOR ID: 002168 · tx-264
M SOURCE NODE — FUNDER
Morgan Stanley
Finance United States
$500,000,000
EQUITY
14/09/2023
Q DESTINATION NODE — RECIPIENT
Databricks Inc.
Company United States
Amount (USD)
$500.0M
Flow Type
EQUITY
Transaction Date
14/09/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Morgan Stanley
AUM 1200000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Databricks Inc.
Entity Type Company
Jurisdiction United States
Intelligence Note

T. Rowe Price led a 500 million dollar Series I funding round for Databricks Inc., valuing the data and AI company at 43 billion dollars. This transaction provides the capital necessary for Databricks to accelerate its development of the lakehouse architecture and generative AI tools. The deal reflects the high institutional demand for advanced data and AI infrastructure solutions.

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Primary Forensic Source https://www.databricks.com/company/newsroom/press-releases/databricks-raises-over-500-million-series-i-funding-round/
✓ SOURCE LINKED