In this paper, we deal with a general functional equation in several variables. We prove the hyperstability of this equation in (m + 1)-normed spaces and describe its general solution in some special cases. In this way, we solve the problems posed by Ciepliński. The considered equation was introduced as a generalization of the equation characterizing n-quadratic functions and has symmetric coefficients (up to sign), and it also generalizes many other known functional equations with symmetric coefficients, such as the multi-Cauchy equation, the multi-Jensen equation, and the multi-Cauchy–Jensen equation. Our results generalize several known results.