Databricks Raises US$5 Billion at US$190 Billion Valuation

Databricks has raised US$5 billion at a US$190 billion valuation after its revenue run rate topped US$7 billion. Coatue led the strategic funding round, joined by Blackstone, MGX, T. Rowe Price and new investor Sixth Street Growth. Other new investors included BOND, Clearlake Capital, Point72, Premji Invest and TPG, alongside existing backers such as GIC, [...] The post Databricks Raises US$5 Billion at US$190 Billion Valuation appeared first on Fintech Singapore.