Databricks raises $5 billion in latest funding, defying software selloff

By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of about $5 billion at a $134 billion valuation, as the data analytics software company ​bolsters its balance sheet to invest in artificial intelligence products focusing on enterprise customers. One of ‌the most valuable privately held companies, Databricks also announced about $2 billion in new debt capacity, as its annualized revenue run-rate rose 65% to $5.4 ‌billion in the fou ...