Fenwick & West LLP represented Databricks, Inc., a company that builds software, centered around Apache Spark for analyzing and extracting value from data, in its recently announced $33 million Series B financing. The new round was led by New Enterprise Associates with an investment from previous investor Andreessen Horowitz.
In addition, the company announced a new cloud platform called Databricks Cloud designed to simplify big data processing by bringing the process under one cloud umbrella. More information about Databricks’ $33M Series B financing can be obtained from NEA’s announcement of the investment.
The Fenwick transaction team was led by corporate partner Michael Brown and corporate associates Mack Healy and Patrick Grilli.