Databricks closes in on $55 bln valuation after latest fundraise ...

13 hours ago  · 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 Closes In On $55 Bln Valuation After Latest Fundraise ...

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13 hours ago  · 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 …

reuters.com

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

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13 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 …

yahoo.com

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Databricks Closes In On Multibillion Funding Round At $55 Billion

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The latest raise would value the company at $55 billion and could top the largest round of the year, by OpenAI. The latest funding is designed to help Databricks employees sell shares, one …

msn.com

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

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13 hours ago  · Databricks did not immediately respond to a Reuters request for comment. The potential fundraising was earlier reported by CNBC. The company had notched up a valuation …

srnnews.com

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Databricks Raising $5B-$8B In New Funding Valuation To Top $55B …

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14 hours ago  · The company could raise up to $8B as the round is still ongoing. The funding round is designed to help Databricks employees sell shares, as the company is in no rush to …

streetinsider.com

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

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14 hours ago  · 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 …

tradingview.com

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

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13 hours ago  · The company had notched up a valuation of $43 billion after a $500 million funding round last year. (Reporting by Krystal Hu in New York and Niket Nishant in Bengaluru; Editing …

usnews.com

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Databricks Valued At $43bn After Latest Funding Round - Silicon …

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Sep 15, 2023  · Databricks makes AI software for building, testing and deploying machine learning and analytics applications. It raised $1.6bn two years ago at a valuation of $38bn, becoming …

siliconrepublic.com

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Databricks Soars To $55 Billion Valuation After Latest Funding Round

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1 day ago  · Databricks, the data analytics powerhouse, is on the verge of reaching a remarkable R990 billion valuation following its latest fundraising effort. The company is securing $8 billion …

digitalstreetsa.com

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Databricks News: Databricks Nears $55 Billion Valuation In New …

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1 day ago  · Databricks News: Databricks Nears $55 Billion Valuation In New Funding Round 34 minutes ago Databricks Unicorn News - November 27, 2024 Databricks is on the brink of …

linqto.com

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Databricks Clinches $43 Billion Valuation, Plans More AI Tools

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Sep 14, 2023  · Databricks’ latest funding round values each share at $73.50, the company said. That’s the same price as its last funding round two years ago, after adjusting for a stock split.

yahoo.com

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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 …

forbes.com

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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 …

baselinemag.com

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OpenAI Gets New $1.5 Billion Investment From SoftBank, Allowing ...

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4 hours ago  · OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by SoftBank, CNBC has learned.

nbcchicago.com

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

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1 day ago  · The company had notched up a valuation of $43 billion after a $500 million funding round last year. (Reporting by Krystal Hu in New York and Niket Nishant in Bengaluru; Editing …

aol.com

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Databricks Closes In On Multibillion Funding Round At $55 Billion ...

2 days from now

1 day ago  · Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say. The data analytics and AI …

headtopics.com

FAQs about Databricks closes in on $55 bln valuation after latest fundraise ... 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 in a mega funding round?

The data analytics and AI company is in the middle of a mega funding round, several sources told CNBC. Databricks is raising at least $5 billion in cash, pegging its new valuation at $55 billion, according to sources. ...

Who are the new investors in Databricks?

AWS, CapitalG, and Microsoft, along with new investors AT&T Ventures and QIA, join Series I funding San Francisco, CA — November 10, 2023 — Databricks, the Data and AI company, today announced additional closings of its recent Series I funding. ...

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. ...

Who backed Databricks?

Databricks last raised $500 million at a $43 billion valuation. It's backed by Nvidia, Capital One, Andreessen Horowitz, Baillie Gifford, Fidelity, Insight Partners, Tiger Global and others. The Information first reported that Databricks was raising money. The firm has capitalized on the momentum in artificial intelligence. ...

How much money does Databricks make a year?

The company’s annual recurring revenue is now more than $600 million, Ghodsi says, up from $425 million at the time of its previous funding round only seven months ago. He says Databricks is growing at a 75% annual rate, with its European business more than doubling this year. ...

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