Databricks raises $5B at $190B valuation
Databricks raised $5B at $190B valuation, with $7B revenue run-rate growing 80% YoY, Lakebase at $100M, Lakehouse at $1.5B, and positive adjusted FCF. Coatue leading signals institutional appetite for data/AI platforms. Raises question: can Databricks sustain momentum as competition with Snowflake intensifies?
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Updated Aug 19, 2026