The massive fund injection "does not push out the IPO", said Ali Ghodsi, co-founder and CEO. He declined to say when Databricks was planning to go public or whether it would go the traditional route or use a direct listing where companies list existing shares without issuing new shares or raising new funds.
from Gadgets Now https://ift.tt/3BlJiBk
Wednesday, September 1, 2021
Data and AI platform Databricks raises $1.6 billion, valued at $38 billion
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