Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
- Posted on November 26, 2024
- By CNBC
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Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.