ReePrime
Databricks Targets Mega Raise Amid Revised Sales Outlook

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Databricks Targets Mega Raise Amid Revised Sales Outlook

B
Benzinga

23 Views • Dec 01, 2025

Description

Databricks is discussing a $5 billion funding round at a $134 billion valuation after sharply raising its 2025 sales outlook to $4.1 billion. The company told investors that strong AI product usage is lifting revenue but lowering gross margins to 74%. Databricks now serves more than 20,000 customers, including Block, Shell, and Rivian.