Databricks Secures New Funding at $134B Valuation

Databricks raises $4B at a $134B valuation, reflecting strong demand for AI analytics solutions.

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Databricks Secures New Funding at $134B Valuation

Databricks Secures New Funding at $134B Valuation
Databricks, a leading AI data analytics company, is raising over $4 billion in Series L funding at a valuation near $134 billion, supported by major investors including Insight Partners, Fidelity and J.P. Morgan. The capital will support product expansion and AI data‑services offerings. The company’s annual revenue run rate surpassed $4.8 billion, highlighting strong enterprise demand for AI analytics even as broader tech markets remain volatile.