Databricks wraps $5 billion funding round at $190 billion valuation

Databricks CEO Ali Ghodsi speaks at the HumanX conference in San Francisco on April 7, 2026.Big Event Media | HumanX Conference | Getty ImagesDatabricks on Thursday said it closed a $5 billion funding round at a $190 billion valuation.The company said that it has crossed $7 billion in revenue run rate and grown more than 80% year-over-year in its second quarter.Databricks said it will use the funding to support enterprise AI capabilities, including its Unity AI Gateway governance tool and Genie agentic tool.Tune in at 10:45 a.m. ET as Databricks CEO Ali Ghodsi joins CNBC''s Jon Fortt to talk about the funding and revenue milestones. Watch in real time on CNBC+ or the CNBC Pro stream.The funding round comes six months after the private data analytics software company raised $5 billion in fu