Databricks plans more than $4bn Series L at $134bn valuation
Yahoo Finance·2025-12-17 19:43

Databricks has announced plans to raise more than 4bninaSeriesLfundingroundthatvaluesthecompanyat4bn in a Series L funding round that values the company at 134bn. The San Francisco-based data and AI company surpassed a 4.8bnrevenuerun−rateduringitsthirdquarter,withyear−on−yeargrowthofmorethan554.8bn revenue run-rate during its third quarter, with year-on-year growth of more than 55%. The run-rate figure includes more than 1bn from its data warehousing business and more than $1bn from its AI products. The company has delivered positive free cash flow over the 12 months since December 2024. Insight Partners, Fidelity Man ...