Databricks Secures $5 Billion in Funding, Valuation Soars to $190 Billion!

Databricks has raised $5 billion at a remarkable $190 billion valuation, a 42% increase since February. The company boasts a revenue run-rate exceeding $7 billion and impressive year-on-year growth of over 80%. Notably, it remains cash flow positive and reveals strong metrics like a $1.5 billion data warehousing run-rate. CEO Ali Ghodsi insists 2026 isn't ideal for a public offering, focusing on enterprise AI products instead.