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Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

Databricks successfully raised $5 billion, valuing the company at $190 billion, after initial plans for $1 billion. The surge in investor interest, which peaked at $15 billion, prompted the company to issue more stock. Co-founder and CEO Al...

TechCrunch· Aug 13, 2026 · 9:47 PM · 46 views

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Databricks successfully raised $5 billion, valuing the company at $190 billion, after initial plans for $1 billion. The surge in investor interest, which peaked at $15 billion, prompted the company to issue more stock. Co-founder and CEO Ali Ghodsi highlighted their impressive 80% revenue growth while focusing on AI investments and strategic acquisitions.

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#news #breaking #Databricks #investment #AI #technews #startup

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