Databricks Hits $188B Valuation in Latest Funding Round
Databricks Hits $188B Valuation in Latest Funding Round Databricks announced a new funding round Thursday valuing the company at $188 billion, led by Coatue. The valuation jump caps an aggressive 18-month run: $10B raised at a $62B valuation in Dec 2024, $1B at $100B in Sep 2025, $5B at $134B in Feb 2026, and now this latest round at $188B. Founded in 2013 as a big-data analytics platform, Databricks has repositioned as core AI infrastructure, rolling out products like Lakebase, Unity, and Omnigent on top of its existing enterprise data holdings. The new capital will fuel Databricks' AI str…
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