Databricks completed a term sheet agreement for a $3 billion strategic investment led by Coatue The funding values the company at $188 billion, representing a 40% increase from its $134 billion ...
Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.
The startup’s valuation jumps 40% as the AI boom has driven demand for its data-analytics software.
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