Funding
Databricks in talks to raise capital at above $130 billion valuation: The Information
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Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information reported on Monday, citing two people familiar with the discussion.
The company declined to comment on the report.
Databricks has not signed a term sheet with any investment firms, the report added.
Reuters could not immediately confirm the report.
In September, the San Francisco-based company closed a $1-billion-funding round that valued it at $100 billion, making it one of the…
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