StartupsThe Next Webabout 4 hours ago
Databricks seeks up to $175B valuation in new round
1 min read
Databricks is in talks to raise at $165-175 billion, four months after closing at $134 billion. CEO Ghodsi signaled an IPO as soon as next year. The round would represent a 23% to 31% valuation increase. Databricks surpassed $5.4 billion in annualized revenue run rate in February.
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