databricks funding: Databricks raises over $500 million at $43 billion valuation
Data analytics platform Databricks has secured over $500 million in funding, valuing the company at $43 billion. The funding round, led by T. Rowe Price, could be the last before the company goes public. Databricks plans to use the funds to develop foundation models in partnership with chipmaker Nvidia. Other participants in the funding round include Capital One Financial and Andreessen Horowitz.
Source: indiatimes.com