Databricks Raises $5B at $190B Valuation as Investor Appetite Far Exceeds Original $1B Target
Databricks has closed a $5 billion funding round at a $190 billion valuation, according to CEO Ali Ghodsi, marking one of the largest private funding rounds in recent memory.
The company originally set out to raise $1 billion, but investor demand quickly overwhelmed that target. Ghodsi told TechCrunch that interested