Databricks raising new funding at $188B valuation

Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion. The company announced the deal on Thursday without disclosing the amount that it’s raising. According to the Wall Street Journal, the round will add $3 billion to Databricks’ balance sheet. Coatue is leading the investment with contributions […] The post Databricks raising new funding at $188B valuation appeared first on SiliconANGLE .