Fenwick represented Anyscale, a San Francisco-based company enabling instant scaling of AI applications, in its additional $99 million Series C financing. The round was co-led by Addition and Intel Capital with participation from Foundation Capital. The funding follows the $100 million Series C funding round announced in December 2021.
Anyscale will use the new capital to build out its distributed AI computing platform. 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, Sloka Tankala and Teresa Anselmo.