3 outlets·3 reports
Databricks Closes $5 Billion Round at $190 Billion Valuation
ThinkingNews Desk · how this was written
Databricks has closed a new funding round of $5 billion, valuing the company at $190 billion. The round follows a $5 billion raise six months earlier that set a $134 billion valuation, and the company now reports a revenue run rate exceeding $7 billion. Investors had initially sought $15 billion, but the final amount settled at $5 billion.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Databricks closed a $5B funding round at a $190B valuation, six months after raising $5B at a $134B valuation, and says it has crossed $7B in revenue run rate (Samantha Subin/CNBC)
- TechCrunch·Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
- The Next Web·Databricks Closes $5 Billion Round at $190 Billion Valuation
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