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Databricks closes $5 billion round at $190 billion valuation, reports $7 billion revenue run rate
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Databricks announced a $5 billion financing at a $190 billion valuation, up from a $134 billion valuation six months earlier, and said its revenue run rate now exceeds $7 billion.
The sharp increase in valuation signals strong investor confidence in Databricks' data platform, which could accelerate development of new features and integrations. A $7 billion revenue run rate indicates broad customer adoption, suggesting that engineers building on Databricks may benefit from continued investment in performance and scalability.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
Databricks closed a $5 billion funding round at a $190 billion valuation.
The valuation is higher than the $134 billion valuation recorded six months earlier.
The company reported a revenue run rate exceeding $7 billion.
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