Business & Enterprise4 min reading time

Databricks hits $188bn valuation in Coatue-led round, landing above its own $175bn talks

Covered by 2 sources
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Databricks secured a $188 billion valuation in a new funding round led by Coatue Management, surpassing previous talks of $175 billion. The $3 billion strategic investment aims to strengthen its balance sheet and allow early investors liquidity without going public.

Covered by 2 sources


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