Databricks Targets $188 Billion Valuation in Strategic Funding Round Led by Coatue

Databricks has signed a term sheet for a strategic funding round at an estimated valuation of $188 billion, led by existing investor Coatue. The company expects the round to close later this summer.

By Arundhati Sarkar, SA News Editor · Seeking Alpha ·

Databricks Targets $188 Billion Valuation in Strategic Funding Round Led by Coatue

Topics: valuation venture_capital

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