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.

July 16 : Investment firm Coatue Management is leading a $3 billion investment in data analytics provider Databricks that values the company at $188 billion, the Wall Street…

July 16 : Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software firm at $188 billion. Here are a few…

Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue

Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue

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.

US software and data analytics company Databricks is raising a strategic funding round at a $188bn valuation following the signing of a term sheet.

Databricks is raising new funding in a financing round led by Coatue Management, valuing the company at $188 billion.

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.

Databricks raising new funding at $188B valuation - SiliconANGLE