Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now has access to over $7 billion in debt, the person added.
Bloomberg’s sources said that the financing was provided by private credit lenders and broadly syndicated loan investors.
VC-backed companies just had their best year for IPOs since 2021. There are dozens of strong Bay Area contenders for potential IPOs in 2026.
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks said it is raising $4 billion at a $134 billion valuation to support AI app ...
Latest valuation a jump from $100 billion in August Databricks surpasses $4.8 billion revenue run rate in Q3 Funds to be used to expand research and for talent retention Company delivers positive free ...
A new report from The Information said Databricks is looking to raise funding at a $130 billion valuation, a 30% increase from the company's $100 billion valuation around two months ago. In September, ...
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The IPO Market Is Poised to Reopen. Canva, Kraken, Databricks Could Be on Deck. Avery Marquez, IPO specialist at Renaissance Capital, offers advice for investors as the market for initial public ...