Databricks

Databricks is a data and AI company providing a unified analytics platform built on the open lakehouse architecture. Founded by the creators of Apache Spark and Delta Lake, the company closed a $5B Series L in February 2026 at a $134B valuation, plus $2B in debt capacity. Q4 2025 annualized revenue: $5.4B (65% YoY growth). AI product revenue exceeded $1B annualized run-rate — larger than Snowflake's total revenue. CEO Ali Ghodsi has said he is "in no rush" to IPO, preferring to grow without quarterly earnings pressure. IPO expected 2026–2027 based on growth trajectory and investor pressure.