Databricks News: Meta Joins Databricks In Historic $10 Billion Funding

Databricks Unicorn News - January 22, 2025

In a landmark venture capital deal, Meta has invested in Databricks during a $10 billion funding round, marking a significant endorsement of the data analytics startup. This investment, alongside a $5.25 billion credit facility, positions Databricks for global expansion and strengthens its path towards an IPO.

Sources
https://biztoc.com/x/09870c05a58e5c3e
https://www.cnbc.com/2025/01/22/meta-backs-databricks-as-the-data-analytics-startup-inches-toward-ipo.html

Outline
(00:00:00) Introduction
(00:00:28) Meta Invests in Databricks as Startup Nears IPO

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