Databricks Secures Over $1 Billion, Valued at $100 Billion in Mega Funding Round
Summary
Databricks, the data analytics platform, secures over $1 billion in a mega funding round, valuing the company at a staggering $100 billion, becoming the 4th private company to exceed a $100 billion valuation, as investors show strong interest following Figma's successful IPO.
Key Points
- Databricks raises over $1 billion in latest funding round
- Databricks valued at over $100 billion, becoming 4th private company to exceed $100 billion valuation
- CEO Ali Ghodsi says investors showed strong interest after Figma's successful IPO