Databricks raised $10 billion in its largest round of venture capital financing in history, achieving a valuation of $62 billion. This round was oversubscribed and led by Thrive Capital, run by Joshua Kushner, attracting participation from elite investors including Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management. Existing supporter Ontario Teachers' Pension Plan and new investors ICONIQ Growth, MGX, Sands Capital, and Wellington Management also participated in the investment. Databricks expects to achieve positive free cash flow for the first time in the quarter ending January 31 and to exceed $3 billion in revenue in January. Sources have previously indicated that the company also expects revenue to reach $3.8 billion in the next fiscal year.