Databricks has announced plans to raise more than $4bn in a Series L funding round that values the company at $134bn. The San Francisco-based data and AI company surpassed a $4.8bn revenue run-rate ...

Databricks Grows >55% YoY, Surpasses $4.8B Revenue Run-Rate, and is Raising >$4B Series L at $134B Valuation Company accelerates investments in Agent Bricks, Lakebase and Databricks Apps to power Data ...

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.

Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example of how some tech companies are achieving massive scale without going public.

Databricks cofounder and CEO Ali Ghodsi: “We’re building relationships with the big, big mutual funds. These are the ones that invest in public companies—VCs typically don't.” AI-powered data company ...