Databricks in talks to raise capital at $130 billion valuation, The Information reports

Databricks in talks to raise capital at $130 billion valuation, The Information reports

Databricks in talks to raise capital at $130 billion valuation, The Information reports

(Reuters) -Data ​analytics firm ‌Databricks is in talks ‌to raise funds at a valuation of more ⁠than ‌$130 billion, about 30%‍ higher than its last financing ​round two months ‌ago, The Information reported on Monday, citing two people ⁠familiar with ​the discussion.

Reuters ​could not immediately confirm the ‍report.

⁠(Reporting by Nilutpal Timsina ⁠in Bengaluru; Editing ‌by Sherry ‌Jacob-Phillips)

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