Databricks raises $5 billion at $190 billion valuation
Databricks closed a $5 billion funding round at a $190 billion valuation, up 42% from $134 billion in February, with Coatue leading the round joined by Blackstone, MGX, and T. Rowe Price. The company reports crossing a $7 billion revenue run rate with over 80% year-over-year growth in Q2.
Detected & updated continuously · Source: Nebula
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@StockMKTNewz
Databricks just raised $5B at a valuation of $190 Billion
@IPONewsroom_
DATABRICKS RAISED $5 BILLION AT A $190 BILLION VALUATION Coatue led the round, joined by Blackstone, MGX, and T. Rowe Price, per the company's announcement. The valuation is up 42% from $134B in February, its second raise this year, and the final number closed above the $188B https://t.co/fffx3QynNL
@tldrnewsletter
Databricks closed a $5 billion funding round at a $190 billion valuation, up from $134 billion six months ago. The company says it has crossed a $7 billion revenue run rate and grew more than 80% year over year in the second quarter.
@EnginrA
Databricks just completed Series M round lol just fucking go public already