Fenwick & West represented Databricks, a leader in unified analytics and founded by the original creators of Apache Spark™, in its $250 million Series E financing led by Andreessen Horowitz. Additional investors included Coatue Management, Microsoft, New Enterprise Associates, Battery Ventures, Green Bay Ventures and Geodesic.
Databricks plans to use the new funding to continue to expand its Unified Analytics Platform to make it easier for enterprises to build data pipelines across various siloed data storage systems and to prepare labelled datasets for model building. The investment also builds on Databricks’ multi-year partnership around Azure Databricks, a first-party integrated Azure service built in collaboration with Microsoft. More information about Databricks’ $250 million Series E financing can be obtained from the company announcement.
The Fenwick transaction team included corporate lawyers Michael Brown, Patrick Grilli, Doug Sharp and Alejandro Almodovar.