Databricks is closing in on a $55 billion valuation after recent financing, a source says

Databricks is closing in on a  billion valuation after recent financing, a source says

(Reuters) – Databricks, the data analytics firm that has long been the subject of IPO speculation, is close to raising $800 million through deals that could value it at $55 billion, according to a person familiar with the matter. Most of the new money will be in the form of a secondary sale, where early … Read more