- Databricks raised $5 billion in a round led by Coatue and others, at a $190 billion valuation.
- The company has hit $7 billion in annualized run rate revenue, growing at 80%, and is cash-flow positive.
- Its cloud data warehouse product contributes $1.5 billion to the run rate, growing 100% year-over-year.
- Lakebase, its database for agents launched in June 2025, has reached a $100 million revenue run rate.
- The company holds multibillion-dollar cloud commitments with all three major hyperscalers.
- Databricks is acquiring Electric, the company behind the PGlite database; terms were not disclosed.
- These financial and product metrics are self-reported by CEO Ali Ghodsi and lack independent verification.
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Databricks raises $5B at $190B valuation, reports $7B annualized revenue
Databricks has raised $5 billion at a $190 billion valuation and disclosed $7 billion in annualized revenue, growing 80% year-over-year. These figures are self-reported by the CEO and not independently verified.
- AI Data Platforms
- Late-Stage Funding
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