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The company has also achieved positive free cash flow over the last 12 months Databricks has closed a $1 billion series k round and now values the company at over $100 billion, while projecting a revenue run rate above $4 billion — driven by rapidly rising enterprise demand for ai products and infrastructure. Finally, the company is closing its series k funding, raising $1 billion of capital.
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Databricks is said to be in talks to raise a new round of funding just a few months after its last fundraise, which valued the company at $100 billion. Databricks is in talks to raise money at a valuation of more than $130b, up about 30% from september when it raised a $1b series k at a $100b valuation Databricks is in talks to raise money at a valuation of more than $130b, up about 30% from september when it raised a $1b series k at a $100b valuation — databricks, a database provider whose tools help customers develop and use ai, is in talks to raise money at a valuation …
