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On 16 December 2025 Databricks announced a Series L of more than $4 billion at a $134 billion valuation, up 34% from its August 2025 round, alongside a $4.8 billion revenue run-rate.
On 13 November 2025, Anysphere, the company behind Cursor, announced a $2.3 billion Series D at a $29.3 billion post-money valuation, saying it had crossed $1 billion in annualized revenue.
On 20 October 2025, LangChain announced a $125 million Series B at a $1.25 billion valuation, led by IVP, and released LangChain 1.0, LangGraph 1.0 and new LangSmith tools.
Databricks closed a $1 billion Series K in September 2025 at a valuation above $100 billion, weeks after signing the term sheet, and disclosed a $4 billion revenue run-rate with more than $1 billion of it from AI products.
