Data company leaders aren’t interested in histrionics and handwaving.

Databricks raised billions more in funding as curiosity grows about when the 13-year-old company might go public.

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.

At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...