AICNBC Techabout 2 hours ago
Databricks closes $5B round at $190B valuation
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Databricks closed a $5 billion funding round at a $190 billion valuation, up from $134 billion six months ago. The company surpassed $7 billion in revenue run rate, growing over 80% year-over-year. Coatue, Blackstone, MGX, T. Rowe Price, and Sixth Street Growth led the round.
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