Databricks Raises $5 Billion at $190 Billion Valuation

August 15, 2026
Databricks raised $5 billion at a $190 billion valuation after investor interest reached $15 billion, according to CEO Ali Ghodsi. The round was led by Coatue and included Blackstone, MGX, T. Rowe Price related accounts, and Sixth Street Growth.
Databricks Raises $5 Billion at $190 Billion Valuation

Databricks has raised $5 billion at a $190 billion valuation, according to TechCrunch. CEO Ali Ghodsi told TechCrunch the company initially wanted to raise $1 billion, but investor interest reached $15 billion after reports of a larger fundraising effort.

The round was led by Coatue and included Blackstone, MGX, accounts associated with T. Rowe Price, and new investor Sixth Street Growth. About two dozen investors participated.

Ghodsi said Databricks has reached $7 billion in annual revenue run rate, growing 80 percent, and is cash flow positive. He said its cloud data warehouse accounts for $1.5 billion of that run rate and is growing 100 percent year over year.

The company said it is spending on AI research, cloud commitments, and acquisitions. Ghodsi also cited Lakebase, its database for agents, which has reached a $100 million revenue run rate since launching in June 2025.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Funding News AI Brief AI Brief (X)

More from: Enterprise

08/15
EMERGING and Promethean Launch $300 Million AI Fund for Hospitality
08/15
Shaires Holdings Plans AI Portfolio and $100 Million Raise
08/15
CodeMettle Receives Army Contract for Terminus Tactical Network Software
08/14
Anthropic Investors Expect $2 Trillion Valuation in October IPO
08/14
OpenAI Annualized Revenue Tops $40 Billion

More from: Funding

08/15
EMERGING and Promethean Launch $300 Million AI Fund for Hospitality
08/15
Nagarro Boards Recommend Accepting Persistent Offer
08/15
Shaires Holdings Plans AI Portfolio and $100 Million Raise
08/15
Z Squared Details Power Strategy for AI Infrastructure Sites
08/15
Brand Engagement Network Files Q2 Report After Cataneo Acquisition

Subscribe to Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

AI Token Webinar

Whitepaper

AI and the Law: Discussion Paper

This discussion paper explores the intersection of artificial intelligence and legal frameworks, addressing potential legal challenges posed by AI's autonomy, adaptiveness, and opacity. It examines issues such as liability gaps, causation, and the potential for granting AI systems legal personality, aiming to foster further discussion on AI's impact on law reform.

Read more

You May Also Like