Feb 9 (Reuters) – Databricks completed its latest funding round of $5 billion, at a valuation of $134 billion, CNBC reported on Monday. The data software company in December announced it was raising more than $4 billion at the same valuation. Databricks provides software that helps companies manage large amounts of data and build their […]
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Databricks valued at $134 billion in $5 billion fundraise, CNBC reports
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Feb 9 (Reuters) – Databricks completed its latest funding round of $5 billion, at a valuation of $134 billion, CNBC reported on Monday.
The data software company in December announced it was raising more than $4 billion at the same valuation.
Databricks provides software that helps companies manage large amounts of data and build their own artificial intelligence models.
(Reporting by Pritam Biswas in Bengaluru; Editing by Tasim Zahid)