Databricks Founder and CEO Ali Godsi.
Databricks
Software company Databricks has taken on $1.8 billion in new debt, a person familiar with the matter told CNBC.
Databricks now has more than $7 billion in debt, the person added. The company declined to comment.
Databricks Anthropic, Canva, is also one of the highly valued tech companies set to go public in 2026. OpenAI and Stripe. Ali Godsi, Founder and CEO of Databricks, said In December, CNBC said it would not rule out an initial public offering this year.
In December, Databricks said it had raised more than $4 billion at a $134 billion valuation. The company said annual revenue reached $4.8 billion, up more than 55% year over year. Databricks also said it had positive free cash flow last year.
In fiscal 2025, its underwriting gross margin exceeded 80%, the company said. June Investor Briefing.
Founded in 2013, Databricks has the third highest ranking on CNBC 2025 Disruptor 50 list of private companies.
Bloomberg previously announced funding details.
REVIEW: Databricks CEO Ali Godsi: I don’t rule out going public in 2026
