Databricks in Talks for Fresh Funding Round, Target Valuation Soars Past $165 Billion
7 hour ago / Read about 0 minute
Author:小编   

Several insiders with direct knowledge of the situation have revealed that Databricks, a prominent provider of database management software services, is currently engaged in discussions for a new funding round, which may commence as soon as next month. The company has indicated that, following the successful closure of this funding round, its valuation is projected to skyrocket to a range between $165 billion and $175 billion. Notably, this marks a substantial surge from its valuation of $134 billion at the close of the previous year.

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