Databricks raises $4B at $134B valuation as its AI business heats up
Yahoo Finance·2025-12-16 22:39

The IPO window may have cracked open, but it seems some former startups have no intention of going public. Makes sense, in a way: IPOs were traditionally a way to raise money, and if you can manage to raise ungodly amounts without having to put your company through public scrutiny, why do it? Databricks is proving that point: The data intelligence company has just raised more than 4billioninaSeriesLfundingroundata4 billion in a Series L funding round at a 134 billion valuation — up 34% from the $100 billion valuation that it achieved ...