Categories: Business

Databricks in talks to raise capital at $134 billion valuation, The Information reports

Nov 30 (Reuters) – Data analytics firm Databricks is in talks to raise $5 billion at a valuation of $134 billion, which is roughly 32 times this year's expected sales of about $4.1 billion, The Information reported on Sunday, citing investor documents and a person familiar with the matter. Reuters could not immediately verify the report. (Reporting by Disha Mishra in Bengaluru; Editing by Edmund Klamann)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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