Databricks says it’s valued at over $100 billion in new funding round
Ali Ghodsi, CEO of Databricks, talks about CNBC.
CNBC
Databricks entered a new club.
Data Analytics Software Dealer Said Tuesday A financing tour that values the company over $ 100 billion increases. This will make Databricks only the fourth private company to keep the brand of $ 100 billion following SpaceX, Bayta and Openai. CB Insights.
Databricks CEO Ali Ghodsi, CNBC’den Brian Sullivan’a total tour will exceed $ 1 billion, he said. The company was valued by private investors at a financing tour of 10 billion dollars at the end of last year.
In June, Databricks executives told investors that the company estimated an annual $ 3.7 billion income by an annual increase of 50% annually until July.
SnowflakeAccording to LSEG, one of the best competitors of Databricks is expected to generate $ 4.5 billion for the financial year that ended in January. Snowflake currently has a market value of about $ 65 billion. Among other competitors among cloud providers Amazon And MicrosoftDatabricks partners.
Ghodsi said he heard from many investors. Figma IPO at the end of last month. The shares of the design software company have doubled at the exit of the New York Stock Exchange, a sign that public investors seek technology offers after expanded in the public offering market.
“My phone was exploding, Gh Ghodsi said on Tuesday. “So yes, there was definitely great pressure from the outside.”
Figma shares have been withdrawn from the first $ 115.50 closing price since then. The stock is traded at about $ 70, but still more than twice the price of the $ 33 of the public offering price.
Ghodsi said the tour will help customers invest in products that Databricks use artificial intelligence models.
Founded in 2013, Databricks in San Francisco ranked third in CNBC’s 2025 Disruptor 50 list. As of June, the company employed 8,000 people. A spokesman said existing investors Andrereessen Horowitz, Insight Partners Thrive and WCM Investment Management bought shares.
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