What Databricks’s $1.6B funding round means for the enterprise AI market

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! The latest winner of the growing interest in enterprise AI is Databricks, a startup that has just secured $1.6 billion in series H funding at an insane valuation of $38 billion. This latest round of investment comes only months afte…Read More

Would the math work if Databricks were valued at $38B?

Databricks, the open-source data lake and data management powerhouse has been on quite a financial run lately. Today Bloomberg reported the company could be raising a new round worth at least $1.5 billion at an otherworldly $38 billion valuation. That price tag is up $10 billion from its last fundraise in February when it snagged […]