Discovery Capital: Databricks reportedly raising $1.5B on a $38B valuation

Databrinks Inc. is reportedly raising at least $1.5 billion in new funding on a valuation of $38 billion despite previous reports that it was planning on going public this year. Bloomberg, citing three people familiar with the terms, claims that Morgan Stanley will lead the round. The report adds that the round could grow even [...]The post Databricks reportedly raising $1.5B on a $38B valuation appeared first on SiliconANGLE.