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Databricks announced it crossed a $7 billion revenue run-rate in Q2, growing more than 80% year over year, and closed a $5 billion strategic round at a $190 billion valuation led by Coatue. The company also reported $100 million-plus revenue run-rate for Lakebase and $1.5 billion-plus revenue run-rate for Lakehouse, growing over 100% year over year, along with continued positive adjusted free cash flow.
Growth increased from 50% to 80% in four quarters, representing a 30-point acceleration...
2X appointed Emily Atkinson as Chief Client Officer and Drew Murphy as Chief Financial and Operating Officer. The subscription-based go-to-market services partner for B2B organizations made the announcements to expand its executive team.
Atkinson will lead the global client organization and unify strategy, execution, technology and AI as one GTM engine.