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Databricks is said to be in talks to raise a new round of funding just a few months after its last fundraise, which valued the company at $100 billion. This would represent a 30 per cent higher than its last financing round two months ago at a $100 billion valuation. Data analytics firm databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, the information reported on.
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Databricks provides a platform for data ingestion, analytics, and building. Data analytics and artificial intelligence leader databricks is in discussions to raise fresh capital at a valuation reportedly exceeding $130 billion, according to a report by the information, citing sources familiar with the talks Databricks eyes over $130b value in new funding talks, up 30% from last round
Get all details on the deal, growth, and what’s driving demand.
Is in talks to raise funds at a valuation north of $130 billion, the information reported, underscoring persistent interest in the providers of ai tools despite growing warnings of. Databricks is reportedly exploring a new funding round that could lift its valuation to more than $130 billion, a sharp step up from the $100 billion level it secured only in september The information said the data and ai specialist has held discussions with potential backers, though no term sheet has been signed.
