Exclusive | Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue
Databricks secures a new strategic funding round, reaching a valuation of $188 billion led by investment firm Coatue.
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The brief
Databricks has confirmed a new round of strategic funding. This capital injection brings the company's valuation to $188 billion.
Coverage from The Wall Street Journal, Bloomberg, Reuters, TradingView, and Databricks itself focuses on the specific valuation figure achieved in this round. These outlets highlight Coatue as the leader of the investment effort.
Future reports may clarify the final terms of the agreement and the specific objectives for the newly acquired capital. Coverage does not yet specify a timeline for the closing of the funding round.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 21m ago.
Quick answers
What is the new valuation of Databricks?
Following the latest funding round, the valuation is $188 billion.
Which organization is leading the investment?
Coatue is leading the investment round.
Are the total funds raised disclosed?
No, coverage does not yet specify the total amount of capital raised in this round.
Coverage (5)
- Databricks valued at $188 billion after Coatue-led investment, WSJ reports TradingView · 12h ago
- Coatue Leads Databricks Funding Round at $188 Billion Valuation Bloomberg.com · 12h ago
- Databricks secures funding round at $188 billion valuation Reuters · 12h ago
- Databricks is Raising a Strategic Round of Funding at a $188 Billion Valuation Databricks · 12h ago
- Exclusive | Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue WSJ · 12h ago
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