StartupsThe Next Webabout 2 hours ago
Databricks Raises $5B at $190B Valuation
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Databricks closed a $5 billion round at a $190 billion valuation, led by Coatue, Blackstone, MGX, T. Rowe Price, and Sixth Street Growth. Revenue run rate surpassed $7 billion with over 80% year-over-year growth, and CEO Ali Ghodsi cited "demand is crazy.
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