- Databricks Seeks $5 Billion Funding Round at $134 Billion . . .
Data analytics giant Databricks is reportedly in talks to raise $5 billion at a $134 billion valuation, representing a 34% increase from its August funding round
- Databricks Boosts Sales Forecast, Driving Valuation to $134 . . .
Privately held Databricks began asking investors for cash two weeks ago in a fundraising round that values the company at $134 billion, which is roughly 32 times this year’s expected sales of about $4 1 billion, according to investor documents and a person familiar with the matter
- Sources: Databricks is raising $5B at a $134B valuation . . .
Sources: Databricks is raising $5B at a $134B valuation, expects sales to grow 55% in 2025 to $4 1B, and is operating at roughly breakeven — Databricks CEO Ali Ghodsi has been more vocal than other Silicon Valley executives about the dangers of an AI bubble More: Reuters Bluesky: @prietschka
- November 30th - The Week Ahead
Databricks is set to raise $5B at a $134B valuation: The tech company’s latest funding round is designed to help employees sell shares, showing that the company is in no rush to IPO
- Databricks Secures Over $5 Billion in Largest Debt Raise . . .
Databricks Inc , a software maker specializing in AI, has secured over $5 billion in financing, marking its largest debt raise to date The financing was provided by lenders including Blackstone Inc , Apollo Global Management Inc , and Blue Owl Capital Inc
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