Databricks reportedly in talks to raise funding at a $130B+ valuation

Data intelligence company Databricks is reportedly in talks to raise fresh capital just months after its last fundraise.

Databricks is in talks to raise a funding round, which it says values ​​the company at least $130 billion. reporting from informationThe report states that the company has not yet signed the term sheet,

This would prove to be at least a 30% valuation increase over the $100 billion price tag achieved by Databricks in its $1 billion Series J funding round in August.

At the time, Databricks co-founder and CEO Ali Ghodsi told TechCrunch that the company raised the round Fund two specific projects: a database for AI agents and its AI agent platform.

“Database market TAM is $105 billion [total addressable market]“The revenue over the last 40 years, sitting there, is somehow unaffected,” Ghodsi told TechCrunch at the time. “Here’s an interesting statistic that is not going unnoticed: A year ago, we saw in the data that 30% of databases were not created by humans. For the first time, these were created by AI agents. And this year, the figure is 80%.

Databricks buys open-source database startup Neon for $1 billion in Maywhich was one of the first transactions that began Wave of consolidation in the database sector,

Databricks did not immediately respond to a request for confirmation and more information.