Databricks News: Databricks Nears $55 Billion Valuation In New Funding Round

Databricks Unicorn News - November 27, 2024

Databricks is on the brink of closing a multibillion-dollar funding round, potentially valuing the company at $55 billion. The funding aims to provide liquidity for employees and reduce the pressure for an immediate IPO, with public offering plans possibly set for next year.

Sources
https://biztoc.com/x/a32fa42e8e15a727
https://www.cnbc.com/2024/11/26/databricks-closes-in-on-multibillion-funding-round-at-55-billion-valuation.html

Outline
(00:00:00) Introduction
(00:00:28) Databricks Closes in on Multibillion Funding Round at $55 Billion Valuation

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