MSN on MSN

Databricks targets $175 billion valuation as AI's private-market frenzy rolls on

Databricks is set to raise fresh capital at a valuation between $165 billion and $175 billion, despite being valued at $134 ...
The Information

Databricks in Talks for Valuation of at Least $165 Billion

Databricks, a provider of database management software, has discussed raising more money in a funding round that could kick ...
The Next Web

Databricks is raising again at up to $175 billion, four months after closing at $134 billion

Databricks is in talks to raise at $165-175bn, four months after a $5bn round at $134bn. CEO signals IPO next year. Discussions are early and the round hasn't closed.
TechCrunch

‘It’s dumb to IPO this year’: Databricks CEO explains why he’s waiting to go public

Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were quick to ask what this means for the company’s ...
TechCrunch

Databricks keeps marching forward with $1.6B in revenue

At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...
CNBC

Databricks tells investors annualized revenue will reach $2.4 billion at midway point of year

Databricks is anticipating sales growth above 60% to $2.4 billion in annualized revenue for first half of year. CFO Dave Conte provided the figures at an investor briefing at the company's Data and AI ...