It is growing >50% year over year. This milestone is propelled by surging demand for its AI offerings, which alone contribute $1 billion ARR. The company serves roughly 15,000 clients globally—including heavyweights like Shell and Rivian—and reports over 650 customers spending $1 million or more annually. It also closed a $1 billion Series K funding round, valuing Databricks at over $100 billion. Investors include Andreessen Horowitz, Insight Partners, Thrive Capital, MGX, and WCM Investment Management. These funds are designated to accelerate AI innovation, expand product lines—including a new operational database category—and support potential acquisitions and research. Notably, Databricks continues to maintain positive free cash flow and targets over 140% net revenue retention, underlining its strong financial health and scalable growth model.