Databricks Reaches $38 Billion Valuation After New $1.6 ... - Forbes

Aug 31, 2021  · Ghodsi says Databricks could have increased its valuation well above $38 billion, but opted to “leave a little bit of money on the table” to boost potential returns for its new …


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Databricks Reaches $38 Billion Valuation After New $1.6 ... - Forbes

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Aug 31, 2021  · Ghodsi says Databricks could have increased its valuation well above $38 billion, but opted to “leave a little bit of money on the table” to boost potential returns for its new …

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San Francisco-Based Startup Databricks Raises $1.6B, Valued At $38B

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San Francisco-based startup Databricks has raised its second billion-dollar funding round of the year, vaulting its valuation by $10 billion.

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Databricks Raises $1.6B At $38B Valuation As It Blasts Past $600M ARR

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Aug 31, 2021  · The data- and AI-focused company has secured a $1.6 billion round at a $38 billion valuation, it said. Bloomberg first reported last week that Databricks was pursuing new …

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How The Hottest VC-Backed Cloud Data Companies Are Prepping …

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Aug 9, 2022  · For Databricks, last valued at $38 billion in August 2021, the market downturn provides the chance to move faster while competitors—both public companies which must …

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Databricks Raises $1.6B At $38B Valuation | Databricks

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SAN FRANCISCO - August 31, 2021 - Databricks, the Data and AI company, today announced a $1.6 Billion round of funding to accelerate innovation and adoption of the data lakehouse, as …

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Databricks | Company Overview & News - Forbes

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CEO Ali Ghodsi, one of seven academics from the University of California, Berkeley who cofounded the company in 2013, has marched Databricks to reach $2.4 billion in annualized …

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Databricks Raises $1.6 Billion Series H Investment At $38 Billion …

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SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ -- Databricks, the Data and AI company, today announced a $1.6 Billion round of funding to accelerate innovation and adoption of the data …

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Databricks Adds $1.6 Billion For $38 Billion Valuation

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Sep 1, 2021  · Databricks has raised $1.6 billion in Series H funding, achieving a post-money valuation of $38 billion, further validating the company’s approach to multi-cloud data …

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Daily Crunch: Databricks Reaches $38B Billion Valuation With $1.6B ...

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Aug 31, 2021  · The TechCrunch Top 3. Databricks is now worth $38B: Data and AI unicorn Databricks confirmed its previously reported financing event today, raising $1.6 billion at a $38 …

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Databricks' Valuation Skyrockets To $43 Billion: Tech's New …

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Oct 3, 2023  · The platform raised $1.6 billion during its last Series H funding round in 2021, giving the company a $38 billion valuation. The $5 billion rise in valuation over the past two years can …

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Databricks Closes In On $55 Billion Valuation After Latest Fundraise ...

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16 hours ago  · The company had notched up a valuation of $43 billion after a $500 million funding round last year. Its global revenue jumped to $1.6 billion in the fiscal year ended Jan. 31, more …

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Top IPO Prospect Databricks Scores $43 Billion Valuation ... - Forbes

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Sep 14, 2023  · Artificial intelligence and analytics firm Databricks announced Thursday it raised more than $500 million in a Series I funding round including a new strategic investor in AI …

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Databricks Raises Over $500 Mln At $43 Bln Valuation | Reuters

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Sep 14, 2023  · Its latest valuation is over 13% more than the $38 billion the San Francisco-based company was worth after its last fundraise in 2021. The company has raised $4 billion since …

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Databricks Just Got A $43 Billion Valuation - Baselinemag.com

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Sep 14, 2023  · The company was valued at $38 billion after receiving a $1.6 billion investment in August 2021. Databricks’ ability to weather market volatility and increase its valuation by $5 …

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Databricks Valuation Jumps To $38 Billion In Funding Deal

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Aug 18, 2021  · Databricks Inc. agreed to a new investment deal that will value the business at $38 billion, said three people familiar with the terms. The funding shows investors’ enthusiasm …

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Databricks Raises Over $500 Million At $43 Billion Valuation

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Sep 14, 2023  · Its latest valuation is over 13% more than the $38 billion the San Francisco-based company was worth after its last fundraise in 2021. The company has raised $4 billion since …

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Databricks Closes In On $55 Billion Valuation After Latest ... - AOL

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1 day ago  · (Reuters) - Databricks, the data analytics firm which has long been the subject of IPO speculation, is close to raising $8 billion via deals that would value it at $55 billion, according …

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Databricks To Raise Round At $38B Valuation - PitchBook

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Aug 20, 2021  · Data management company Databricks is in talks for a new round of funding led by Morgan Stanley that would bring in at least $1.5 billion and value the company at $38 …

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Ali Ghodsi - Forbes

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2 days ago  · Databricks Reaches $38 Billion Valuation After New $1.6 Billion Injection The AI software company started by seven UC Berkeley researchers has raised $3.5 billion to date …

forbes.com

FAQs about Databricks Reaches $38 Billion Valuation After New $1.6 ... - Forbes Coupon?

How much did Databricks raise?

AI-powered data company Databricks has raised its second billion-dollar funding round of the year, vaulting its valuation by $10 billion. The San Francisco-based startup announced on Tuesday that it had raised $1.6 billion at a valuation of $38 billion in a Series H round led by Morgan Stanley. ...

Is Databricks raising new capital at a higher valuation?

Databricks this morning confirmed earlier reports that it was raising new capital at a higher valuation. The data- and AI-focused company has secured a $1.6 billion round at a $38 billion valuation, it said. Bloomberg first reported last week that Databricks was pursuing new capital at that price. ...

Why did Databricks invest $1.6 billion in a data Lakehouse?

SAN FRANCISCO - August 31, 2021 - Databricks, the Data and AI company, today announced a $1.6 Billion round of funding to accelerate innovation and adoption of the data lakehouse, as the data architecture’s popularity across data-driven organizations continues to grow at a rapid pace. ...

How much money did Databricks get in a funding round?

Sept 14 (Reuters) - Databricks, a data analytics platform using artificial intelligence (AI), said on Thursday it secured more than $500 million in a funding round that valued the company at $43 billion, marking one of the biggest funding events for private tech companies this year amid AI-fueled optimism. ...

How much money will Databricks make in 2024?

CEO Ali Ghodsi, one of seven academics from the University of California, Berkeley who cofounded the company in 2013, has marched Databricks to reach $2.4 billion in annualized revenue by the midpoint of fiscal 2024, up 60% from the previous fiscal year. ...

Does Databricks invest in VCS?

Databricks cofounder and CEO Ali Ghodsi: “We’re building relationships with the big, big mutual funds. These are the ones that invest in public companies—VCs typically don't.” AI-powered data company Databricks has raised its second billion-dollar funding round of the year, vaulting its valuation by $10 billion. ...

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