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Tag: Databricks IPO

Databricks to Raise $5B at $55B Valuation: Report

Databricks is reportedly seeking to raise at least $5 billion in an equity funding round at a valuation of $55 billion. The deal, reported by The Information, would allow employees to cash out a portion of their shares. Read more…

Databricks Plotting IPO in 2021, Bloomberg Reports

Databricks, which runs a unified data platform in the cloud and is the driving force behind Apache Spark, is preparing for an initial public offering (IPO), possibly in the first half of 2021, according to a report in Bl Read more…

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