Fenwick represented Anyscale, a San Francisco-based company enabling instant scaling of AI applications, in its $100 million Series C financing at a $1 billion valuation, bringing the company’s total financing to $160 million.
Andreessen Horowitz and Addition co-led the round with participation from existing investors NEA, Intel Capital and Foundation Capital. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Michael Brown and included associates Ari Haber and Sloka Tankala and law clerk Teresa Anselmo-Thai.