Cloud information firm Databricks lately introduced the completion of a Sequence I fundraising spherical the place it raked in $500 million from main investor accounts led by T. Rowe and new buyers Capital One Ventures, Ghisallo Capital Administration, Ontario Academics’ Pension Plan and Nvidia (NASDAQ:).
The newest funding spherical was achieved at a valuation of $43 billion {dollars} and a share value of $73.50, in line with Databricks. In 2021, the corporate raised $1.6 billion in Sequence H funding at a valuation of $38 billion.
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