Databricks valued at $188 billion after Coatue-led investment, WSJ reports

The Databricks logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration 17 Jul 2026 09:28AM July 16 : Investment firm Coatue Management is leading a $3 billion investment in data analytics provider Databricks that values the company at $188 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.Databricks, one of the world's most valuable privately held technology companies, earlier this year completed a fundraising round of about $5 billion at a valuation of $134 billion.Coatue and Databricks could not immediately be reached for comment outside business hours. Source: Reuters