Fenwick Represents Databricks in $1B Series K Funding at $100B+ Valuation

Fenwick represented Databricks, the data and AI company, in its $1 billion Series K funding, at a valuation of more than $100 billion. The round is co-led by Andreessen Horowitz, Insight Partners, MGX, Thrive Capital, and WCM Investment Management.

Databricks will use the funds to accelerate its AI strategy -- expanding Agent Bricks, launching the new Lakebase category, and fueling global growth. Additional information can be obtained here.

The Fenwick transaction team was led by corporate partners Michael Brown, David Bell, Ari Haber, and Aaron Ginsburg and included associates Joon Hwan Kim, Serena Ward, Leeza Soulina, and Jazmin Perez.