Databricks Hits $7B Revenue Run-Rate, Raises $5B to Boost AI Data Platform
thedealdirector · x · 2026-08-16
Databricks CEO Ali Ghodsi announced the company has crossed a $7B revenue run-rate, growing over 80% YoY in Q2. Lakehouse surpassed $1.5B run-rate (up 100%+), and Lakebase exceeded $100M. The company also raised $5B in new funding to invest in Lakebase (serverless Postgres for AI agents), Genie (AI coworkers), and Unity AI Gateway (multi-AI governance).
Related event: Databricks Raises $5B at $190B Valuation(2 posts)→
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