Databricks seeks new funding that could push its value to $43b

Databricks is one of the fastest growing companies in Silicon Valley

clock • 2 min read
Databricks seeking new funding that could push its value to $43b
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Databricks seeking new funding that could push its value to $43b

Databricks is in discussions with T Rowe Price, a global investment management company, about a new round of funding that could boost the valuation of the data lakehouse and AI platform developer to $43 billion, according to a published report.

A spokesperson for Databricks declined to comment on the Bloomberg report, which described the talks as "preliminary" and said the parties could still fail to reach a deal. San Francisco-based D...

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