Databricks completes $5 billion funding round at $134 billion valuation
Ali Ghodsi, co-founder and CEO of Databricks.DatabricksDatabricks said Monday it has raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation. The privately held data analytics software company also said that its annualized revenue exceeded $5.4 billion for the January quarter, up 65% year over year, while delivering free cash flow over the past year. That type of performance might whet the appetites of public market investors, who have not seen many new issua...
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