Databricks completes $3 billion financing, led by Coatue Management, with a valuation rising to $188 billion

2026-07-17 17:46:45

Data analytics software company Databricks is completing a $3 billion funding round led by Coatue Management, with the company's valuation reaching $188 billion.

Compared to a valuation of $134 billion in December 2025, this valuation represents an increase of approximately 40%. Reports indicate that the AI boom has driven market demand for Databricks' data analytics software.

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