Databricks

Robinhood's $658M venture fund drops 16% in its public market debut on the NYSE; the fund offers retail investors access to private companies like Databricks

Robinhood's $658M venture fund drops 16% in its public market debut on the NYSE; the fund offers retail investors access to private companies like Databricks

Robinhood (HOOD.O) debuted its flagship $658.4 million venture fund on the New York Stock Exchange on Friday …

Companies like Stripe, OpenAI, Anthropic, and SpaceX are letting workers cash out before their IPOs, a move once seen as taboo and lacking long-term commitment

Companies from Stripe to OpenAI, Anthropic, Databricks and SpaceX are increasingly giving employees the ability to sell some of their shares

Databricks raised $5B in equity financing and $2B in debt at a $134B valuation and says its annualized revenue crossed $5.4B for the January quarter, up 65% YoY

Databricks said Monday it has raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation.

Databricks raised $5B in equity financing and $2B in debt at a $134B valuation and says its annualized revenue crossed $5.4B for the January quarter, up 65% YoY

Databricks said Monday it has raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation.

Databricks says it plans to integrate OpenAI's models, including GPT-5, into its data platform and AI product Agent Bricks, as part of a $100M multiyear deal

Databricks said on Thursday that it is incorporating OpenAI's models, including GPT-5, into its data platform as well as its AI product …

Databricks raised $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; documents show Databricks has $2.6B in revenue

As CEO of Databricks, Ali Ghodsi has performed a series of ‘strategic surgeries’ to make his company one of the fastest-growing startups in Silicon Valley

Sources: Thrive Capital is in talks to invest ~$1B in analytics software maker Databricks at a ~$55B valuation; PitchBook says DataBricks has raised $4B+ so far

Bloomberg :

Databricks plans to acquire data startup Arcion, which has raised $18M+, for $100M, after raising $500M in September and acquiring MosaicML for $1.3B in June

Instacart's IPO filing suggests its Snowflake cloud spending will fall 71% YoY in 2023, sparking an online spat between staff of rivals Snowflake and Databricks