Home Procurement NewsDatabricks closes in on multibillion funding round at $55 billion valuation to help employees cash out

Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out

November 26, 2024•

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.

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Last modified: November 26, 2024

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