AISilicon Republicabout 3 hours ago
Databricks hits $190bn valuation after $5bn raise
1 min read
Databricks closed a $5bn strategic funding round led by Coatue at a $190bn valuation, up from $134bn six months ago. Blackstone and MGX joined, with new investors including Sixth Street Growth, BOND, Clearlake Capital, Point72, Premji Invest, and TPG. The company reports an 80% year-on-year growth increase and a $7bn revenue run-rate.
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