Databricks raises $1.6 billion in funding at a $38 billion valuation
Databricks, the Data & AI company, announced a $1.6 billion round of funding to speed up innovation and adoption of the data lakehouse as the data architecture's popularity grows rapidly across data-driven organizations.
Counterpoint Global (Morgan Stanley) led the Series H funding to put Da... Read more
Databricks could be valued at $38 billion after a $1.5 billion funding round
Databricks is raising at least $1.5 billion in new funding round on a valuation of $38 billion, despite reports earlier that it was planning an IPO this year.
Morgan Stanely will lead the round, according to a Bloomberg report that cited three people familiar with the plan. The report also added... Read more