Databricks raises $5 billion in latest funding, defying software selloff
Yahoo Finance·2026-02-09 23:13

By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of about 5billionata5 billion at a 134 billion valuation, as the data analytics software company ​bolsters its balance sheet to invest in artificial intelligence products focusing on enterprise customers. One of ‌the most valuable privately held companies, Databricks also announced about 2billioninnewdebtcapacity,asitsannualizedrevenuerunraterose652 billion in new debt capacity, as its annualized revenue run-rate rose 65% to 5.4 ‌billion in the fou ...