Meta backs data analytics firm Databricks

Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’
Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.
Meta backs data analytics firm Databricks as AI boom attracts investors
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development. The Series J funding round closed on Wednesday and valued Databricks at $62 billion.
Meta backs Databricks as the data analytics startup inches toward IPO
Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.
Databricks Secures $15.25 Billion in Funding With Meta Joining as First-Time Investor
Leading data and artificial intelligence solutions provider Databricks has completed its Series J fundraising round, generating $5.25 billion in debt finance and $10 billion in equity. The money values the firm at $62 billion and names Meta ( META, Financials) as a first-time investment.
Meta Joins $10 Billion Databricks Funding Round Amid AI Boom
Meta Joins $10 Billion Databricks Funding Round Amid AI Boom Databricks announced that Meta Platforms (NASDAQ:META) participated in its $10 billion Series J funding round, valuing the data analytics startup at $62
Databricks Caps $15 Billion Fundraise With Meta as New Investor
Databricks Inc., one of the world’s most valuable privately held tech companies, said on Wednesday that it has raised more than $15 billion from companies including Facebook owner Meta Platforms Inc.,
Meta Platforms Backs Hot AI Startup Databricks As Strategic Investor
Meta joined a mega-sized venture funding round for Databricks, with the Facebook parent serving as strategic investor.
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How Databricks Raised US$15.3bn at US$62bn Valuation
Databricks attracts Meta investment as JPMorgan Chase leads consortium in combined equity and debt round, signalling shift in ...
Databricks completes $10B funding round, raises $5.25B in debt
Reports of Databricks’ funding round first emerged in November. At the time, the company was expected to raise “at least” $5 billion. Reuters reported in mid-December that the number could top $9.5 ...
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Databricks raises $15bn to drive global expansion
In October 2024, Databricks further expanded its partnership with Amazon Web Services to accelerate the development of ...
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Databricks bags $15bn to expand and attract AI talent
Databricks is now valued at $62bn following its latest round of funding, which it will use to expand and invest in its AI ...
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Singapore’s Temasek participates in Databricks’ US$15.25 billion fundraising
Singapore state investment firm Temasek Holdings, Qatar’s sovereign wealth fund, and Facebook owner Meta Platforms are among ...
Databricks Announces $15B in Financing to Attract Top AI Talent and Accelerate Global Expansion
Databricks, the Data and AI company, today announced the final closing of its Series J funding. Existing investor QIA, the ...
Databricks co-founder: AI is much broader than large language models
Shiraji, co-founder and senior vice president of field engineering at Databricks, runs through how he sees artificial ...
J.D. Power Brings Industry-Leading Customer Behavior Analytics to Databricks Marketplace with Delta Sharing Integration
J.D. Power Brings Industry-Leading Customer Behavior Analytics to Databricks Marketplace with Delta Sharing Integration ...