Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now has access to over $7 billion in debt, the person added.

Bloomberg’s sources said that the financing was provided by private credit lenders and broadly syndicated loan investors.

CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks told investors and analysts on Wednesday that annualized revenue will hit $3.7 ...

Databricks has taken a major step toward strengthening its financial position. The company behind the well-known data and ...

The data and AI platform giant disclosed that it surpassed a $4 billion annual revenue run rate in its second quarter and has achieved positive free cash flow over the last 12 months. Databricks has ...

Databricks is in the process of closing a fresh round at a $100 billion valuation, sources confirmed to TechCrunch. The round was originally reported by the Wall Street Journal. A source familiar with ...

Databricks, a data analytics software vendor, said on Wednesday that it expects to generate $3.7 billion in annualized revenue by July, with year-over-year growth of 50%. Stream Los Angeles News for ...