15.8 C
New York
Thursday, October 10, 2024

Databricks raises $500 million with backing from rival Snowflake’s top client

Databricks raises $500 million with backing from rival Snowflake’s top client

By Sharon Goldman, Venture Beat

Databricks announced a fresh funding haul of over $500 million today, which values the company at a whopping $43 billion. The round is led by T. Rowe Price Associates, but two new investors are notable in this round: Nvidia and Capital One Ventures (Capitol One is the top client of Databricks’ main rival, Snowflake).

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,604FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x