💰 Databricks closes $5B in a Strategic funding round at a $190B valuation, led by Coatue, along with Blackstone, MGX, T. Rowe Price, and new investor Sixth Street Growth.

Other new investors include BOND, Clearlake Capital, Point72, Premji Invest, and TPG, alongside existing investors Andreessen Horowitz, Dragoneer, Fidelity, Franklin Templeton, GIC, Goldman Sachs Alternatives, Insight Partners, J.P. Morgan Private Capital, Kinetic, Morgan Stanley Investment Management, NEA, Ontario Teachers' Pension Plan, Temasek, Thrive Capital, and WCM Investment Management.

Databricks is the Data and AI company, its platform (Lakebase, Genie, Unity AI Gateway) powers data, analytics, and AI agents for 20,000+ organizations worldwide. The company just crossed a $7B revenue run-rate, growing 80%+ YoY, with Lakebase alone surpassing $100M revenue run-rate.

👉 databricks.com/company/newsroom/press-releases/databricks-grows-80-yoy-surpasses-7b-revenue-run-rate-scales

Socials: X | Telegram | LinkedIn