AI company Databricks raises $5 billion through debt financing. This financing follows a $10 billion equity financing in December last year. (The Information)
In December last year, big data and artificial intelligence company Databricks announced that it had completed a $10 billion J round of financing at a valuation of $62 billion, led by Thrive Capital, and participated by Andreessen Horowitz, DST Global, GIC Pte Ltd, Insight Partners, WCM Investment Management, etc. According to people familiar with the matter, Lightspeed Venture Partners also invested $200 million.