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Databricks raises $5 billion in strategic funding at $190 billion valuation

PUBT·08/13/2026 14:16:11
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Databricks raises $5 billion in strategic funding at $190 billion valuation
  • Databricks raised USD 5 billion in a strategic private funding round at a USD 190 billion valuation.
  • Round led by Coatue. Key participants included Blackstone, MGX, T. Rowe Price, Sixth Street Growth.
  • Databricks sells a data and AI platform. Products include Lakehouse data warehousing, Lakebase serverless Postgres, Genie, Unity AI Gateway.
  • Funding targets expansion of Lakebase, Genie, Unity AI Gateway to support enterprise AI agents, governance, model choice, cost controls.
  • Financing follows Q2 results showing more than 80% YoY growth, USD 7 billion revenue run-rate, positive adjusted free cash flow.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Databricks Inc. published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.