Databricks is Raising $10B Series J Investment at $62B Valuation

Written by PR Newswire

Funding led by new investor Thrive Capital

Company expects to cross $3B in revenue run rate and achieve positive free cash flow in fourth quarter

SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has...

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