Databricks closes $15.3B financing at $62B valuation, Meta joins as 'strategic investor' | TechCrunch
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 asset managers,” according to a press release.
Founded in 2013, companies use Databricks to pool and analyze vast swathes...
Read more at techcrunch.com