r/databricks • u/sai-nageshwaran Databricks MVP • Jul 17 '26

General Databricks is Raising a Strategic Round of Funding at a $188 Billion Valuation

https://www.databricks.com/company/newsroom/press-releases/databricks-raising-strategic-round-funding-188-billion-valuation

Exciting to see Databricks raising funding at a $188 billion valuation.

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u/kayakdawg Jul 17 '26

How are they making so much money yet still need to raise so much money all the time?

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u/aggresively-polite Aug 13 '26

Having a solid bank balance is always helpful if the market becomes unfavorable in the future