Databricks Closes $5 Billion Round at $190 Billion Valuation
Databricks has closed a $5bn round at a $190bn valuation, led by Coatue, with revenue run-rate past $7bn and growth above 80% year on year. That is a 42% valuation increase in six months, and it comes after chief executive Ali Ghodsi called 2026 a bad year to go public.
Databricks has closed $5bn at a $190bn valuation. Coatue led, joined by Blackstone, MGX, T. Rowe Price and new investor Sixth Street Growth. It is the company’s second round this year.
The growth is the part worth pausing on. Revenue run-rate has passed $7bn, up more than 80% year on year in the second quarter, against 65% growth at a $5.4bn run-rate back in February. Companies of this size do not usually accelerate.
The valuation has moved with it, up 42% from $134bn in February. TNW reported the round at $188bn last month, and it has closed $2bn...
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