Databricks Raises $3 Billion in Funding Led by Coatue, Valuation Rises to $188 Billion

According to The Wall Street Journal, data analytics software company Databricks is completing a $3 billion funding round led by Coatue Management, with the company's valuation reaching $188 billion. Compared to the $134 billion valuation in December 2025, this represents an increase of approximately 40%. The report indicated that the artificial intelligence boom has driven growth in market demand for Databricks' data analytics software.