Fenwick & West LLP represented Tidemark Systems, Inc., maker of the next generation cloud-first first business planning and enterprise analytics solutions, in its recently announced $32 million financing. The round was led by Silicon Valley Bank, along with existing investors Greylock Partners, Andreessen Horowitz, Redpoint Ventures and Tenaya Capital. With this financing, Tidemark has raised a total of $80 million. Fenwick has represented Tidemark since its inception in 2009.
The company will use the new funds to accelerate global sales and marketing efforts to enable CEOs and CFOs to uncover additional avenues for growth and profit within their organizations.
The Fenwick transaction team was led by corporate partner Bill Schreiber; and corporate associates Lara Anthony and Neil Dugal.