San Francisco-based data analytics startup Databricks is in talks to raise more than $130 billion in new funding, sources said. The talks have yet to lead to a formal deal, according to people familiar with the matter.
Databricks, which raised $1 billion in funding in September, was valued at $100 billion. The startup provides a platform for data mining, analytics and artificial intelligence applications.
Databricks' clients include major companies such as Block, Shell and Rivian. The startup declined to comment on the new funding talks.
