# Databricks exceeds USD 3 billion in ARR and raises USD 10 billion at a USD 62 billion valuation

On 2024/12/18, Databricks reported that the US cloud data platform Databricks exceeded USD 3 billion in annual recurring revenue and completed USD 10 billion in Series J funding at a USD 62 billion valuation. It provides a unified lakehouse analytics platform for data teams.



Canonical: https://uniquebase.ai/news/16f88c0f-74bd-4279-ab68-5e6c50f4a666
Stable identifier: 16f88c0f-74bd-4279-ab68-5e6c50f4a666
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:23:32.074Z

## Connected profiles

- [Andreessen Horowitz](/institutions/andreessen-horowitz)
- [DST Global](/institutions/dst-global)
- [Databricks](/companies/databricks)
- [GIC](/institutions/gic)
- [ICONIQ Growth](/institutions/iconiq-growth)
- [Insight Partners](/institutions/insight-partners)
- [MGX](/institutions/mgx)
- [Ontario Teachers' Pension Plan](/institutions/ontario-teachers-pension-plan)
- [Sands Capital](/institutions/sands-capital)
- [Thrive Capital](/institutions/thrive-capital)
- [WCM Investment Management](/institutions/wcm-investment-management)
- [Wellington Management](/institutions/wellington-management)

## Sources

- https://www.databricks.com/company/newsroom/press-releases/databricks-raising-10b-series-j-investment-62b-valuation