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DatabricksMoneyMateriality 3

Databricks raises $5B at $190B valuation

Databricks sought $1B but raised $5B after strong investor demand. The round values the company at $190B.

First seen 13 Aug, 20:14 UTC on TechCrunch2 sourcesLast update 67d ago

What the sources say

Linked, never rewritten. Official means the lab itself.

Official0

No word from Databricks yet.

Press2

TechCrunch· 13 Aug, 20:14Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.SiliconANGLE· 13 Aug, 20:43Databricks raises $5B more after annualized revenue tops $7B

How it unfolded

Every source in the order it appeared. Times in UTC.

13 Aug 20:14TechCrunch Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.13 Aug 20:43SiliconANGLE Databricks raises $5B more after annualized revenue tops $7B