U.S. data analytics software company Databricks has reportedly found new investors that may keep the company off from seeking an initial public offering – for now.
On Thursday, Databricks announced it had raised $500 million in funding during its latest round at a valuation of $43 billion.
Some of Databricks’ new high profile investors include major chipmaker Nvidia and U.S. banking institution Capital One.
Databricks’ previous fundraising round valued the company at $38 billion back in 2021.
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