{"id":32992,"date":"2025-09-08T20:01:02","date_gmt":"2025-09-08T20:01:02","guid":{"rendered":"https:\/\/www.hotelsalepage.com\/feed\/cision-pr-newswire\/databricks-surpasses-4b-revenue-run-rate-exceeding-1b-ai-revenue-run-rate\/"},"modified":"2025-09-08T20:01:02","modified_gmt":"2025-09-08T20:01:02","slug":"databricks-surpasses-4b-revenue-run-rate-exceeding-1b-ai-revenue-run-rate","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=32992","title":{"rendered":"Databricks Surpasses $4B Revenue Run-Rate, Exceeding $1B AI Revenue Run-Rate"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2693849\/Databricks_Logo.jp?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Company is closing <span class=\"xn-money\">$1B<\/span> Series K at &gt;<span class=\"xn-money\">$100B<\/span> valuation<\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SAN FRANCISCO<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 8, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0<u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=2791772473&amp;u=https%3A%2F%2Fwww.databricks.com%2F&amp;a=Databricks\" target=\"_blank\" rel=\"nofollow\">Databricks<\/a><\/u>, the Data and AI company, today announced it has crossed a <span class=\"xn-money\">$4 billion<\/span> revenue run-rate during Q2, growing &gt;50% year over year. Databricks&#8217; AI products also recently crossed a <span class=\"xn-money\">$1 billion<\/span> revenue run-rate. Finally, the company is closing its Series K funding, raising <span class=\"xn-money\">$1 billion<\/span> of capital. This investment values the company at over <span class=\"xn-money\">$100 billion<\/span> and is co-led by Andreessen Horowitz, Insight Partners, MGX, Thrive Capital, and WCM Investment Management.<\/p>\n<p><b>Databricks&#8217; Recent Performance<br \/><\/b>This new investment comes on the heels of strong momentum for Databricks, which includes:<\/p>\n<ul type=\"disc\">\n<li>Surpassing <span class=\"xn-money\">$4 billion<\/span> revenue run-rate, growing &gt;50% year over year.<\/li>\n<li>Recently exceeding <span class=\"xn-money\">$1 billion<\/span> revenue run-rate for its AI products.<\/li>\n<li>Net retention rate sustaining &gt;140%.<\/li>\n<li>650+ customers consuming at over <span class=\"xn-money\">$1 million<\/span> annual revenue run-rate.<\/li>\n<li>Achieving positive free cash flow over the last 12 months.<\/li>\n<\/ul>\n<p><b>Series K Investment<br \/><\/b>Databricks will use the new capital to accelerate its AI strategy \u2014 expanding Agent Bricks, launching the new Lakebase category, and fueling global growth. At the June Data + AI Summit, Databricks introduced a new product, Agent Bricks, which builds high-quality, production AI agents optimized on your enterprise data, and Lakebase, a new category of operational databases (OLTP) built on open source Postgres, and optimized for AI agents. The investment will also support future AI acquisitions and deepen AI research.<\/p>\n<p>&#8220;Our teams are putting up these results by building the data and AI infrastructure enterprises will rely on for decades,&#8221; said <span class=\"xn-person\">Ali Ghodsi<\/span>, Co-Founder and CEO of Databricks. &#8220;With this new capital, we can move even faster with Agent Bricks, helping customers in every industry turn their data into production AI agents, and carry more momentum as we create the new Lakebase category, reinventing databases for AI agents.&#8221;<\/p>\n<p><b>Continued Momentum<br \/><\/b>Databricks&#8217; new capital comes amid increasing growth and expansion. During the two prior quarters, Databricks launched or expanded partnerships with <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=2571404839&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-and-microsoft-extend-strategic-partnership-azure&amp;a=Microsoft\" target=\"_blank\" rel=\"nofollow\">Microsoft<\/a><\/u>, <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=3229499815&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-announces-strategic-ai-partnership-google-cloud-bring&amp;a=Google+Cloud\" target=\"_blank\" rel=\"nofollow\">Google Cloud<\/a><\/u>, <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=3413504765&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-and-anthropic-sign-landmark-deal-bring-claude-models&amp;a=Anthropic\" target=\"_blank\" rel=\"nofollow\">Anthropic<\/a><\/u>, <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=1000912896&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-announces-launch-sap-databricks&amp;a=SAP\" target=\"_blank\" rel=\"nofollow\">SAP<\/a><\/u>, and <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=1890785752&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fpalantir-and-databricks-announce-strategic-product-partnership&amp;a=Palantir\" target=\"_blank\" rel=\"nofollow\">Palantir<\/a><\/u>. Additionally, this year the company signed new office leases in <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=1571323850&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-deepens-san-francisco-investment-new-office-and-multi&amp;a=San+Francisco\" target=\"_blank\" rel=\"nofollow\"><span class=\"xn-location\">San Francisco<\/span><\/a><\/u> and <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=2430783076&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-accelerates-bay-area-growth-new-office-sunnyvale&amp;a=Sunnyvale\" target=\"_blank\" rel=\"nofollow\"><span class=\"xn-location\">Sunnyvale<\/span><\/a><\/u> to attract top AI talent.<\/p>\n<p>The <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=3510126098&amp;u=https%3A%2F%2Fwww.databricks.com%2Fproduct%2Fdata-intelligence-platform&amp;a=Databricks+Data+Intelligence+Platform\" target=\"_blank\" rel=\"nofollow\">Databricks Data Intelligence Platform<\/a><\/u> democratizes access to data and AI, making it easier for organizations to harness the power of their data for analytics and AI apps and agents. Built on an open source foundation, the platform enables organizations to drive innovation to increase revenue, lower costs, and reduce risk.<\/p>\n<p><b>About Databricks<br \/><\/b>Databricks is the Data and AI company. More than 20,000 organizations worldwide \u2014 including Block, Comcast, Cond\u00e9 Nast, Rivian, Shell and over 60% of the Fortune 500 \u2014 rely on the Databricks Data Intelligence Platform to take control of their data and put it to work with AI. Databricks is headquartered in <span class=\"xn-location\">San Francisco<\/span>, with offices around the globe and was founded by the original creators of Lakehouse, Apache Spark\u2122, <span class=\"xn-person\">Delta Lake<\/span>, MLflow, and Unity Catalog. To learn more, follow Databricks on <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=3245809737&amp;u=https%3A%2F%2Fx.com%2Fdatabricks&amp;a=X\" target=\"_blank\" rel=\"nofollow\">X<\/a><\/u>, <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=2803555989&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fdatabricks%2F&amp;a=LinkedIn\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a><\/u> and <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=512672130&amp;u=https%3A%2F%2Fwww.facebook.com%2Fdatabricksinc&amp;a=Facebook\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a><\/u>.<\/p>\n<p>Contact: <u><a href=\"mailto:press@databricks.com\" target=\"_blank\" rel=\"nofollow\">press@databricks.com<\/a><\/u><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2693849\/Databricks_Logo.jp?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Company is closing <span class=\"xn-money\">$1B<\/span> Series K at &gt;<span class=\"xn-money\">$100B<\/span> valuation<\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SAN FRANCISCO<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 8, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0<u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=2791772473&amp;u=https%3A%2F%2Fwww.databricks.com%2F&amp;a=Databricks\" target=\"_blank\" rel=\"nofollow\">Databricks<\/a><\/u>, the Data and AI company, today announced it has crossed a <span class=\"xn-money\">$4 billion<\/span> revenue run-rate during Q2, growing &gt;50% year over year. Databricks&#8217; AI products also recently crossed a <span class=\"xn-money\">$1 billion<\/span> revenue run-rate. Finally, the company is closing its Series K funding, raising <span class=\"xn-money\">$1 billion<\/span> of capital. This investment values the company at over <span class=\"xn-money\">$100 billion<\/span> and is co-led by Andreessen Horowitz, Insight Partners, MGX, Thrive Capital, and WCM Investment Management.<\/p>\n<p><b>Databricks&#8217; Recent Performance<br \/><\/b>This new investment comes on the heels of strong momentum for Databricks, which includes:<\/p>\n<ul type=\"disc\">\n<li>Surpassing <span class=\"xn-money\">$4 billion<\/span> revenue run-rate, growing &gt;50% year over year.<\/li>\n<li>Recently exceeding <span class=\"xn-money\">$1 billion<\/span> revenue run-rate for its AI products.<\/li>\n<li>Net retention rate sustaining &gt;140%.<\/li>\n<li>650+ customers consuming at over <span class=\"xn-money\">$1 million<\/span> annual revenue run-rate.<\/li>\n<li>Achieving positive free cash flow over the last 12 months.<\/li>\n<\/ul>\n<p><b>Series K Investment<br \/><\/b>Databricks will use the new capital to accelerate its AI strategy \u2014 expanding Agent Bricks, launching the new Lakebase category, and fueling global growth. At the June Data + AI Summit, Databricks introduced a new product, Agent Bricks, which builds high-quality, production AI agents optimized on your enterprise data, and Lakebase, a new category of operational databases (OLTP) built on open source Postgres, and optimized for AI agents. The investment will also support future AI acquisitions and deepen AI research.<\/p>\n<p>&#8220;Our teams are putting up these results by building the data and AI infrastructure enterprises will rely on for decades,&#8221; said <span class=\"xn-person\">Ali Ghodsi<\/span>, Co-Founder and CEO of Databricks. &#8220;With this new capital, we can move even faster with Agent Bricks, helping customers in every industry turn their data into production AI agents, and carry more momentum as we create the new Lakebase category, reinventing databases for AI agents.&#8221;<\/p>\n<p><b>Continued Momentum<br \/><\/b>Databricks&#8217; new capital comes amid increasing growth and expansion. During the two prior quarters, Databricks launched or expanded partnerships with <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=2571404839&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-and-microsoft-extend-strategic-partnership-azure&amp;a=Microsoft\" target=\"_blank\" rel=\"nofollow\">Microsoft<\/a><\/u>, <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=3229499815&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-announces-strategic-ai-partnership-google-cloud-bring&amp;a=Google+Cloud\" target=\"_blank\" rel=\"nofollow\">Google Cloud<\/a><\/u>, <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=3413504765&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-and-anthropic-sign-landmark-deal-bring-claude-models&amp;a=Anthropic\" target=\"_blank\" rel=\"nofollow\">Anthropic<\/a><\/u>, <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=1000912896&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-announces-launch-sap-databricks&amp;a=SAP\" target=\"_blank\" rel=\"nofollow\">SAP<\/a><\/u>, and <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=1890785752&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fpalantir-and-databricks-announce-strategic-product-partnership&amp;a=Palantir\" target=\"_blank\" rel=\"nofollow\">Palantir<\/a><\/u>. Additionally, this year the company signed new office leases in <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=1571323850&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-deepens-san-francisco-investment-new-office-and-multi&amp;a=San+Francisco\" target=\"_blank\" rel=\"nofollow\"><span class=\"xn-location\">San Francisco<\/span><\/a><\/u> and <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=2430783076&amp;u=https%3A%2F%2Fwww.databricks.com%2Fcompany%2Fnewsroom%2Fpress-releases%2Fdatabricks-accelerates-bay-area-growth-new-office-sunnyvale&amp;a=Sunnyvale\" target=\"_blank\" rel=\"nofollow\"><span class=\"xn-location\">Sunnyvale<\/span><\/a><\/u> to attract top AI talent.<\/p>\n<p>The <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=3510126098&amp;u=https%3A%2F%2Fwww.databricks.com%2Fproduct%2Fdata-intelligence-platform&amp;a=Databricks+Data+Intelligence+Platform\" target=\"_blank\" rel=\"nofollow\">Databricks Data Intelligence Platform<\/a><\/u> democratizes access to data and AI, making it easier for organizations to harness the power of their data for analytics and AI apps and agents. Built on an open source foundation, the platform enables organizations to drive innovation to increase revenue, lower costs, and reduce risk.<\/p>\n<p><b>About Databricks<br \/><\/b>Databricks is the Data and AI company. More than 20,000 organizations worldwide \u2014 including Block, Comcast, Cond\u00e9 Nast, Rivian, Shell and over 60% of the Fortune 500 \u2014 rely on the Databricks Data Intelligence Platform to take control of their data and put it to work with AI. Databricks is headquartered in <span class=\"xn-location\">San Francisco<\/span>, with offices around the globe and was founded by the original creators of Lakehouse, Apache Spark\u2122, <span class=\"xn-person\">Delta Lake<\/span>, MLflow, and Unity Catalog. To learn more, follow Databricks on <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=3245809737&amp;u=https%3A%2F%2Fx.com%2Fdatabricks&amp;a=X\" target=\"_blank\" rel=\"nofollow\">X<\/a><\/u>, <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=2803555989&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fdatabricks%2F&amp;a=LinkedIn\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a><\/u> and <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4503467-1&amp;h=512672130&amp;u=https%3A%2F%2Fwww.facebook.com%2Fdatabricksinc&amp;a=Facebook\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a><\/u>.<\/p>\n<p>Contact: <u><a href=\"mailto:press@databricks.com\" target=\"_blank\" rel=\"nofollow\">press@databricks.com<\/a><\/u><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-32992","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/32992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32992"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/32992\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}