Romanian-founded software provider Databricks in talks for new funding round
Databricks, the software provider for data analytics and AI development, is in talks for a new funding round that would bring its valuation to between USD 165 and 175 billion, according to Reuters. The funding round could start as early as…
Radu Dumitrescu · Journalist
· Updated · 2 min read
Databricks, the software provider for data analytics and AI development, is in talks for a new funding round that would bring its valuation to between USD 165 and 175 billion, according to Reuters. The funding round could start as early as next month.
The potential valuation is significantly higher than earlier this year. At that time, Databricks raised approximately USD 5 billion at a valuation of USD 134 billion, making it one of the most valuable private technology companies in the world.
