Databricks hits $188B valuation in latest funding round

Databricks announced a new funding round valuing the company at $188 billion, led by Coatue. The firm has been raising capital frequently over the past year and a half as it transitions from a big data provider to an AI-focused enterprise software leader.

By Julie Bort · TechCrunch ·

Databricks hits $188B valuation in latest funding round

Tickers: $DBX

Topics: ai data_analytics venture_capital

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