Fenwick & West represented Databricks, a leader in unified data analytics, in its $400 million Series F investment led by Andreessen Horowitz’s Late Stage Venture Fund. Andreessen Horowitz is joined by major new investors including funds and accounts managed by BlackRock, Inc., funds and accounts advised by T. Rowe Price Associates, Inc. and Tiger Global Management. The investment values Databricks at $6.2 billion. Other investors that participated in this funding round included Alkeon Capital Management, Coatue Management, Dragoneer Investment Group, Geodesic, Green Bay Ventures, Microsoft Corporation and New Enterprise Associates (NEA).

Databricks will use the investment to continue powering its market-leading growth and rapid customer adoption, accelerating innovation and scale across the globe. More information about the deal can be obtained from the company announcement.

The Fenwick transaction team included corporate partner Michael Brown and associates Patrick Grilli, Jenna Hsieh and Alejandro Almodovar.

Login

Don’t have an account yet?

Register