Databricks Raises $5 Billion At $190 Billion Valuation As Revenue Run-Rate Tops $7 Billion
By Amit Chowdhry ● Today at 12:56 PM
Databricks has raised $5 billion in strategic funding at a $190 billion valuation as the Data and AI company continues to report rapid growth across its enterprise AI platform. Coatue led the round, with participation from Blackstone, MGX, accounts advised by T. Rowe Price, and new investor Sixth Street Growth. Other new investors included BOND, Clearlake Capital, Point72, Premji Invest, and TPG, alongside existing investors including Andreessen Horowitz, Dragoneer, Fidelity Management & Research Company, GIC, Goldman Sachs Alternatives, Insight Partners, J.P. Morgan Private Capital, NEA, Ontario Teachers’ Pension Plan, Temasek, Thrive Capital, and WCM Investment Management.