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Databricks Negotiates New Round of Funding, Valuation May Exceed $165 Billion
7 hour ago /
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Author：小编
Multiple sources familiar with the matter said that Databricks, a database management software vendor, is negotiating a new round of funding that may kick off next month. After the funding round is completed, its valuation is expected to reach $165 billion to $175 billion, a significant increase from the $134 billion recorded after the fundraising at the end of last year. Founded 13 years ago, the company has repeatedly postponed its IPO plans, opting instead to continue private fundraising and arrange for the transfer of existing shares. Currently, the final terms of this funding round have not been determined, and it is uncertain whether the latest valuation includes the newly raised funds from this round.
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