Databricks Secures $5 Billion Funding, Valuation Reaches $190 Billion

By EC Assets · Published 13 August 2026

Databricks completed a $5 billion strategic funding round, valuing the company at $190 billion. This follows an earlier report of a term sheet valuing the firm at $188 billion. The company announced it crossed a $7 billion revenue run rate. This figure represents over 80% year, over, year growth. The $190 billion valuation marks an increase from previous figures. Databricks' CEO Ali Ghodsi stated that Artificial General Intelligence (AGI) has already arrived. The data analytics software firm previously secured a term sheet for a strategic funding round. The funding round totals $5 billion. Databricks announced the completion of this funding round. CNBC reported Databricks wrapped a $5 billion funding round at a $190 billion valuation. Forbes also cited the $190 billion valuation. This article is intended for informational purposes only. It does not constitute investment advice.