Databricks is raising a $4B Series L at a $134B valuation, up from $100B in August and $62B in December 2024, and had a $4.8B annual revenue run rate in October (Belle Lin/Wall Street Journal)

Belle Lin / Wall Street Journal:
Databricks is raising a $4B Series L at a $134B valuation, up from $100B in August and $62B in December 2024, and had a $4.8B annual revenue run rate in October  —  The data-analytics and AI software company is raising over $4 billion and crossed $4.8 billion in annual revenue rate