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Databricks has raised $1 billion in Series G funding at a $28 billion valuation, the company announced today. The news comes ahead of a likely IPO for the database startup in 2021.
Franklin Templeton led the round, with participation from a slew of prominent investors including AWS, Salesforce Ventures, Microsoft, Andreessen Horowitz and others.
Joe Williams is a senior reporter at Protocol covering enterprise software, including industry giants like Salesforce, Microsoft, IBM and Oracle. He previously covered emerging technology for Business Insider. Joe can be reached at JWilliams@Protocol.com. To share information confidentially, he can also be contacted on a non-work device via Signal (+1-309-265-6120) or JPW53189@protonmail.com.