· Investment Strategies · 1 source · Updated
Databricks: Why This a16z-Backed Company Is on Fire
Databricks closed $5B at $190B in August 2026 (Coatue-led) with a >$7B revenue run-rate. a16z remains a returning investor — facts, not the old $43B mark.
Editorial team
Databricks is one of the a16z-backed companies we flag as on fire now — because of disclosed revenue scale and a closed $190B round, not adjectives.
What Databricks does
Data + AI platform: lakehouse analytics/ML, Lakebase (serverless Postgres for agents), Genie (coworker on enterprise data), Unity AI Gateway (multi-model routing and token-cost control).
Why it is interesting (the job to be done)
Enterprises that will not dump core data into a public LLM still need agents with context and a budget. August 13, 2026: $5B at $190B, >$7B revenue run-rate, >80% YoY, Lakebase >$100M run-rate, adjusted FCF positive LTM (company). Coatue led; a16z returned.
Older blurbs on this URL cited ~$43B-class marks. Those are historical. Current write-up: 2026 Databricks 5b 190b Coatue.
Funding / investor context
- Company profile: Databricks
- Investors in our directory: Andreessen Horowitz, Coatue, Insight Partners, Thrive Capital, NEA
- Industries: ai-ml, infra-cloud, enterprise-saas
- August 14–18 roundup: 2026 August 14 18 Investment News AI Infra Physical
How to use this page
- Founders: map whether Databricks is a competitor, partner, or proof your data/AI category can raise at infrastructure scale.
- Investors / scouts: start here, then read the August 2026 close for syndicate and product facts.
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.
