Big data and AI company Databricks raises $5 billion through debt financing

ChainCatcher news, according to The Information, AI company Databricks has raised $5 billion through debt financing. This financing follows the $10 billion equity financing completed in December last year.

Previous news, big data and AI company Databricks announced the completion of a $10 billion Series J financing at a valuation of $62 billion, led by Thrive Capital, with participation from Andreessen Horowitz, DST Global, GIC Pte Ltd, Insight Partners, WCM Investment Management, and others. According to informed sources, Lightspeed Venture Partners also invested $200 million.