Additionally, the company crossed a $4.8 billion revenue run-rate during its Q3, growing >55% year over year, including >$1 billion revenue run-rate from its Data Warehousing business and >$1 billion revenue run-rate from its AI products - all while delivering positive free cash flow over the last 12 months.

The round was led by Insight Partners, Fidelity Management & Research Company, and J.P. Morgan Asset Management with additional participation from Andreessen Horowitz, funds and accounts managed by BlackRock, funds managed by Blackstone, Coatue, GIC, MGX, NEA, Ontario Teachers Pension Plan, Robinhood Ventures, accounts advised by T. Rowe Price Associates, Inc., Temasek, Thrive Capital and Winslow Capital. This new investment builds on Databricks' accelerating financial results and underscores the company's vision to make data and AI accessible to all organizations.

Databricks is the Data and AI company. More than 20,000 organizations worldwide - including adidas, AT&T, Bayer, Block, Mastercard, Rivian, Unilever, and over 60% of the Fortune 500 - rely on Databricks to build and scale data and AI apps, analytics and agents. Headquartered in San Francisco with 30+ offices around the globe, Databricks offers a unified Data Intelligence Platform that includes Agent Bricks, Lakeflow, Lakehouse, Lakebase and Unity Catalog.