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., a wide range of lenders and investment arms of Singapore and Qatar.

The company announced a $10 billion equity fundraising in December but its latest announcement included investors that had not been previously known, as well as a $5.25 billion debt component that Bloomberg News previously reported on.

Founded in 2013, Databricks makes software for gathering, analyzing, and distributing data, an area that has grown hotter ...