With massive $1B infusion, Databricks takes aim at IPO and rival Snowflake

With massive $1B infusion, Databricks takes aim at IPO and rival Snowflake



When Bloomberg recently disclosed Databricks Inc.’s ambitions to go public early this year, it noted that the company was aiming for a “significantly higher” valuation than the $6.2 billion it was assigned after closing a $400 million Series F round in late 2019. Databricks got its wish without even having to file the SEC paperwork.


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