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