Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’

Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman Sachs, Morgan Stanley, among other “leading financial institutions and alternative […] © 2024 TechCrunch. All rights reserved. For personal use only.

Jan 22, 2025 - 23:00
Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’

Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman Sachs, Morgan Stanley, among other “leading financial institutions and alternative […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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