Databricks Secures $188 Billion Valuation in Funding Round

Databricks has successfully secured a strategic funding round led by Coatue, achieving a valuation of $188 billion. This significant investment highlights strong confidence in the data and AI company.

17 Jul, 01:28 — 17 Jul, 04:49

Post Share

Why this matters

This significant valuation for Databricks, a data and AI company, highlights the continued strong investor confidence and growth in the artificial intelligence and big data sectors. It reflects the increasing demand for advanced data analytics and machine learning platforms in the enterprise market.

Key entitiesDatabricks Coatue

The Story

What 2 sources agree on, dispute, and miss

What sources agree on

Databricks has secured a new funding round
The company's valuation in this round is $188 billion

Key claims1 agreed · 1 unverified

✓

Databricks secured a funding round at a $188 billion valuation

agreed·seeking-alphachannel-news-asia

Coatue led the strategic funding round for Databricks

unverified·seeking-alpha

Coverage gaps

The lead investor in the funding round, Coatue

Reportedseeking-alpha

Missingchannel-news-asia

The Story

Analyzing sources…

Source Diversity

Low (24/100)

2 sources— more sources would strengthen this score15/33

Spectrum spread— 1/5 buckets covered0/33

Far L

Left

Center

Right2

Right (2)

seeking-alphachannel-news-asia

Far R

Geographic diversity— 2 regions9/34

US1Singapore1

ℹOnly 2 sources cover this story

Sources

Showing 2 of 2 sources

channel-news-asiaMostly Factual42d ago

Databricks secures funding round at $188 billion valuation

Read full article →

seeking-alphaMixed42d ago

Databricks targets $188B valuation in Coatue-led strategic funding round

Read full article →

Coverage Timeline

First report: channel-news-asia · 17 Jul, 01:28|Full coverage: 2 · 3h|Window: 3h

Left-leaningCenterRight-leaning

channel-news-asia17 Jul, 01:28First to report

Databricks secures funding round at $188 billion valuation

3h later

seeking-alpha17 Jul, 04:49Latest update

PERSPECTA

PERSPECTA

Databricks Secures $188 Billion Valuation in Funding Round

Why this matters

The Story

What sources agree on

Key claims1 agreed · 1 unverified

Coverage gaps

The Story

Source Diversity

Source Diversity

Sources

Databricks secures funding round at $188 billion valuation

Databricks targets $188B valuation in Coatue-led strategic funding round

Coverage Timeline

Databricks secures funding round at $188 billion valuation

Databricks targets $188B valuation in Coatue-led strategic funding round

Related Stories

Fed Chair Warsh Signals Potential Rate Hikes Amid Persistent Inflation at Jackson Hole

Fed Official Warsh Warns US Inflation Remains Concerning, Pledges 2% Target

Walmart Reaches Settlement With US Government Over Opioid Lawsuit

Fed Chair Warsh Warns Persistent Inflation Requires Continued Policy Action

PERSPECTA

Why this matters

The Story

What sources agree on

Key claims1 agreed · 1 unverified

Coverage gaps

Coverage matrix