Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term lease at One Sansome in downtown San Francisco as part of a broader Bay ...
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
By Jaspreet Singh and Pritam Biswas Feb 9 (Reuters) - Databricks said on Monday it has raised about $5 billion in funding at a $134 billion valuation, as the data analytics software startup bolsters ...
Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $19 billion Valuation: ...
Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...
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