Databricks raises $10B as it barrels toward an IPO

Trending Companies

Flare Systems, a developer of a dark-net intelligence platform designed to prevent cyber-crime, raises $30MM Series B from Base10 Partners.

Cyber Security • Montreal, Canada

Ayar Labs, a company that develops optical I/O solutions for large-scale AI workloads to accelerate data movement within AI systems, raises $155MM Series D from Light Street Capital Management.

Technology Hardware • San Jose, CA • Post-Money Valuation

Hyro AI, a company that offers a conversational AI platform, raises $35MM Series B from Healthier Capital.

Analytics • New York, NY • Post-Money Valuation

Exabits, a company that provides decentralized infrastructure for AI and applications that enables users to offer distributed GPU services and data storage, raises $15MM Equity Funding from Hack VC.

Storage • San Mateo, CA • Post-Money Valuation

VeraDermics, an aesthetics and dermatology-focused biopharmaceutical company intended to develop treatments for common dermatologic conditions, raises $75MM Series B from Suvretta Capital Management.

Dermatology • New Haven, CT • Post-Money Valuation 

Humanetics, a clinical-stage pharmaceutical company engaged in the accelerated discovery, development and commercialization of proprietary drugs, receives a $5MM Grant from the Department of Defense.

Drug Research • Minneapolis, MN • Post-Money Valuation 

Players Health, a company that operates an insurance agency that protects athletes and sports organizations with a risk management platform, raises $60MM Series C from Bluestone Equity Partners.

Insurtech • Minneapolis, MN • Post-Money Valuation 

Tasca Therapeutics, a company that develops treatments for patients with cancer, raises $52MM Series A from Regeneron Ventures.

Biotechnology • Boston, MA • Post-Money Valuation

Aampe, a developer of an AI-powered messaging platform that focuses on transforming customer communication into a retention growth engine through personalized messaging and communication automation, raises $18MM Series A from Theory Ventures.

Artificial Intelligence • Cary, NC • Post-Money Valuation

Servicengine, a company that develops SaaS-based business process outsourcing platform, raises $3.1MM Equity Funding from Advantage Capital Partners.

Business Process Outsourcing • Danbury, CT • Post-Money Valuation