Databricks in Talks to Raise at Above $165 Billion Valuation

Databricks, a provider of database management software, has discussed raising more money in a funding round that could kick off within the next month, according to multiple people with direct knowledge of the conversations. Databricks has indicated to investors the new round could lift its valuation to between $165 billion and $175 billion. That would mark a jump from its $134 billion valuation, including the money raised, in a round raised late last year. The 13-year-old company has...