Tag: Secures

Databricks Secures $500M Investment, Elevating Valuation to $43 Billion Amid Late-Stage Uncertainty

TL;DR: - Databricks, an AI and data analytics firm, raised over $500 million in a Series I round. - This funding has elevated its valuation to an impressive $43 billion. - Notably, Databricks’ valuation surged despite a slowdown in late-stage startup valuations. - Diverse investors...