AINewsBreaks – Databricks Series K Funding Momentum Highlights Strength of Buttonwood Offering Arranged by Joseph Gunnar & Co.
Databricks unprecedented trajectory underpins the recent $17,142,000 membership-interest offering in its Series completed by Buttonwood Group Advisors LLC, for which Joseph Gunnar & Co., LLC served as exclusive placement agent, as the company signs a Series K term sheet valuing it at more than $100 billion to accelerate AI products such as Agent Bricks and Lakebase amid explosive growth that includes surpassing a $4 billion revenue run-rate with AI products contributing over $1 billion, expanding multi-year partnerships with Microsoft and Google Cloud that embed Azure Databricks and Gemini models into its ecosystem, and navigating risks tied to cloud-provider dependencies, regulatory…