Databricks Nears $5 Billion Capital Raise at $134 Billion Valuation
Databricks announced that it is completing more than $7 billion of investment, including around $5 billion of equity financing at a valuation of $134 billion and around $2 billion of additional debt capacity. The San Francisco-based data and artificial intelligence company also reported achieving revenue of more than $5.4 billion in its fourth quarter, representing…