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.
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 Journal ​reported on Thursday, ...
The startup’s valuation jumps 40% as the AI boom has driven demand for its data-analytics software.
Databricks' benchmark suggests enterprise AI buyers are moving beyond public leaderboards, prioritizing real-world ...