Databricks just completed a new funding round ($5B in funding and $2B in new debt capacity) valuing the company @ $134B.
update
The investors in the new round include Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman, the Qatar Investment Authority and a few more.
The also released top line financial details about their Q4;
- Surpassing $5.4 billion revenue run-rate, growing >65% year-over-year.
- Delivering positive free cash flow over the last 12 months.
- Crossing $1.4 billion revenue run-rate for its AI products.
- Sustaining net retention rate >140%.
- >800 customers consuming at over $1 million annual revenue run-rate.
- >70 customers consuming at over $10 million annual revenue run-rate.
- Todor
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Todor Kostov
Director
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