January 22, 2025:
Databricks Secures $15.3B, Meta Invests - Databricks has closed a $15.3 billion financing round at a $62 billion valuation, with $10 billion in Series J equity and $5.25 billion in debt financing. Meta has joined as a strategic investor alongside other financial institutions. The funding aims to enhance Databricks' AI capabilities, global operations, and acquisitions.
While an IPO could occur in 2025, the company is also facilitating liquidity for its employees. Databricks has raised about $19 billion in total over 12 years and remains a key player in data analytics and AI integration.
